#International_Tech_News | 1 hour ago | #SBF Indicted #AGAIN, Accused Of $40M #Bribe To #Chinese_Government Officials | #Sam_Bankman_Fried allegedly bribed one #Chinese official with $40 #Million
After #Chinese authorities froze several #Alameda accounts worth more than $1 #billion, Bankman-Fried #directed an #employee to make #bribery_payments to at least one government official there, an indictment says.
Former cryptocurrency mogul Sam Bankman-Fried has been #hit with another #federal_charge: bribery.
In a superseding indictment unsealed Tuesday, federal prosecutors accused Bankman-Fried of bribing a government official in China.
According to the new indictment, Bankman-Fried successfully bribed at least one Chinese government official with a $40 million payment in 2021.
Bankman-Fried is currently awaiting #trial after being #charged with a host of #crimes related to the #mismanagement and #collapse of #FTX, previously one of the world’s largest cryptocurrency firms, which he co-founded, as well as his hedge fund, Alameda Research.
A spokesperson for Bankman-Fried declined to comment.
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