Disgraced FTX founder Sam Bankman-Fried has been charged with bribing Chinese officials with payments of $40m (£32.4m).
Prosecutors have accused him of directing the payment to unfreeze accounts belonging to his hedge fund.
The accounts of his trading firm Alameda Research, which Chinese authorities had frozen, allegedly held more than $1bn in cryptocurrency.Bankman-Fried is accused of transferring tens of millions of dollars worth of extra crypto to complete the bribe.Advertisement
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