U.S. charges FTX’s Bankman-Fried with paying $40-M Chinese bribe

FTX founder Sam Bankman-Fried charged with paying $40m bribe

FTX filed for bankruptcy in November when it ran out of money after the equivalent of a bank run on the global cryptocurrency exchange.

FTX founder Bankman-Fried charged with bribing Chinese officials $40 million

FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his

U.S. charges FTX’s Bankman-Fried with paying $40-M Chinese bribe

NEW YORK   -U.S. prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, accusing the founder of the now-bankrupt FTX cryptocurrency exchange of paying a $40-million bribe to Chinese officials so they would unfreeze his hedge fund’s accounts. The new bribery conspiracy charge adds to the pressure on the 31-year-old former billionaire, who now faces […] The post U.S. charges FTX’s Bankman-Fried with paying $40-M Chinese bribe …

FTX founder Bankman-Fried charged with paying $40m bribe to Chinese officials

Sam Bankman-Fried, founder of cryptocurrency platform FTX, has been charged with directing $40m in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business. This charge raises the number of charges Bankman-Fried faces to 13. An arrest of a fifth individual is imminent, according to the charge sheet, with prosecutors describing it as a continuing investigation.

Bankman-Fried Bribery Charges Raise Stakes Again for FTX Founder

Sam Bankman-Fried already was facing more than a century behind bars if convicted of all the charges outlined against him when he was arrested in December. The addition of a charge that he bribed Chinese officials once again raises the stakes for the FTX founder as he fights accusations that he orchestrated one of the largest financial frauds in US history.

FTX founder Bankman-Fried charged with paying $40M bribe

NEW YORK (AP) — FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets rel