FTX founder Sam Bankman-Fried tried to bribe Chinese officials, prosecutors say | CNN Business

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A newly unsealed indictment adds bribery to the list of charges against Sam Bankman-Fried, founder of bankrupt crypto trading platform FTX

Federal prosecutors tacked on a 13th criminal charge against Sam Bankman-Fried, accusing the FTX co-founder of bribing “one or more” Chinese government officials with $40 million. The new indictment was unsealed by the Southern District Court of New York on Tuesday. Bankman-Fried, who is out on a $250 million bond, has already pleaded not guilty to eight criminal counts of fraud and conspiracy, and has not yet been arraigned on five others. A bail hearing was scheduled for Thursday at 11 a.m.

The accounts were released after the payment was transferred in from Alameda’s main trading account to a private cryptocurrency wallet, according to the indictment. The charges against Bankman-Fried stem from what prosecutors have characterized as one of the biggest financial frauds in US history.

 

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He was a crook & like most criminals tried to buy his way into the biggest crime syndicate for protection the dnc.

He gives $40 million to Chinese officials & they are called “bribes”. He gives hundreds of millions of dollars to Democrats for their midterm elections so they will turn a blind eye to his ponzi scheme and protect him as FTX collapses & those are called “donations”.

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Prosecutors add bribery to list of charges against FTX founder Sam Bankman-Fried | CNN BusinessFederal prosecutors tacked on a 13th criminal charge against Sam Bankman-Fried, accusing the FTX co-founder of bribery in addition to multiple counts of fraud and conspiracy. Did he bribe Maxine Waters? Shocking. NOT. This clown needs to go to jail
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