FTX co-founder Sam Bankman-Fried accused of bribing Chinese officials
Reuters
, a newly unsealed indictment accuses the disgraced entrepreneur of conspiring to pay a $40 million bribe to Chinese government officials. Federal prosecutors allege Bankman-Fried ordered Alameda Research, FTX’s sister company, to transfer the funds to a private wallet, in hopes of convincing Chinese authorities to unfreeze Alameda accounts with more than $1 billion in crypto assets. It isThe new charge adds even more pressure on the 31-year-old Bankman-Fried.
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