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FTX Bribery Kept Crypto Going in China

Summary by Asia Sentinel
By: Toh Han ShihOopsIn defiance of China’s ban on cryptocurrency, a now-defunct crypto exchange, FTX Trading, facilitated mainland money laundering, while Samuel Bankman-Fried, the imprisoned former boss of FTX, bribed Chinese officials, US court documents show. The bribery and money laundering occurred in China at a time when cryptocurrency was banned in the country.FTX was once one of the world’s biggest cryptocurrency exchanges but imploded a…
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