Technology

Sam Bankman-Fried paid over $40 million to bribe at least one official in China, DOJ alleges in new indictment

Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, arrives on the day of a hearing at Manhattan federal court in New York City, January 3, 2023.
David Dee Delgado | Reuters

FTX co-founder Sam Bankman-Fried paid out tens of millions of dollars worth of bribes to at least one Chinese government official, federal prosecutors alleged in a new indictment Tuesday.

This is breaking news. Please check back for updates.

Articles You May Like

Star crocodile from hit film Crocodile Dundee dies peacefully, zoo says
Archbishop: Scandal-hit Church should ‘kneel in penitence’
UK’s oldest man celebrates birthday
Fearne Cotton shares update after getting tumours removed
Silicon Valley’s White House influence grows as Trump taps tech execs for key roles