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Sam Bankman-Fried paid $40m bribe to Chinese government official, indictment alleges 

FTX founder accused of conspiring to bribe Chinese officials with $40m worth of payments in new indictmentUS prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, accusing the founder of now-bankrupt FTX cryptocurrency exchange of conspiring to bribe Chinese government officials with $40m worth of payments.Federal prosecutors in Manhattan charged Bankman-Fried with directing the payment in order to unfreeze accounts belonging to his hedge fund, Alameda Research, that Chinese authorities had frozen.
Source: the guardian

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