https://www.financemagnates.com//cryptocurrency/sam-bankman-fried-hit-with-additional-40m-chinese-bribery-charge/
US prosecutors have expanded the
12 count charges against Sam Bankman-Fried, the Founder of the now-bankrupt
cryptocurrency exchange, FTX. An additional indictment sealed on Tuesday
morning, alleges that the FTX Founder and others transferred approximately $40
million in bribes to one or more Chinese officials to unfreeze certain accounts
in late 2021.
Prosecutors Accuse Bankman-Fried of Bribery
State prosecutors are now
charging Bankman-Fried with conspiracy to violate the anti-bribery provisions
of https://www.financemagnates.com/cryptocurrency/regulation/oracle-to-pay-23m-to-settle-bribery-charges-against-asian-subsidiaries/” target=”_blank” rel=”follow noopener”>the Foreign Corrupt Practices Act
