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

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FTX founder Sam Bankman-Fried tried to bribe Chinese officials, prosecutors say
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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.

NEW YORK - - 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.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 spokesman for Bankman-Fried declined to comment.

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.biggest financial frauds FTX had been one of the buzziest and biggest platforms for trading digital assets before it collapsed into bankruptcy in November.

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