BREAKING: Sam Bankman-Fried paid over $40 million to bribe at least one Chinese official, the DOJ alleges in a new indictment. EamonJavers has the details.
The federal government alleges that accounts belonging to Bankman-Fried's hedge fund, Alameda Research, were the target of a freezing order from Chinese police "in or around" Nov. 2021.
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, arrives on the day of a hearing at Manhattan federal court in New York City, January 3, 2023.The federal government alleges that accounts belonging to Bankman-Fried's hedge fund, Alameda Research, were the target of a freezing order from Chinese police "in or around" Nov. 2021.
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