BREAKING: Sam Bankman-Fried charged with bribing Chinese official with $40 million
In a superseding indictment unsealed Tuesday, federal prosecutors accused former cryptocurrency mogul Sam Bankman-Fried of bribing a government official in China 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.
nbc.com
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