Friday, December 13, 2024

Tag: Sam Bankman-Fried Charged For Allegedly Bribing Communist Chinese Officials

Sam Bankman-Fried Charged For Allegedly Bribing Communist Chinese Officials

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    by Ryan Saavedra, Daily Wire:

    FTX co-founder Sam Bankman-Fried was charged by the Justice Department in a superseding indictment on Tuesday of allegedly paying millions of dollars of bribes to a member of the Chinese communist government.

    Several companies controlled by Bankman-Fried filed for bankruptcy at the end of last year after customers and investors learned that FTX had improperly commingled funds with sister trading company Alameda Research.