[ad_1] <br><div><figure class="sc-1eow4w5-1 fuSEnv align--bleed js_marquee-assetfigure" data-id="ac89a23920fd5ae4e2ac7473153e9716" data-recommend-id="image://ac89a23920fd5ae4e2ac7473153e9716" data-format="jpg" data-width="2199" data-height="1236" data-lightbox="true" data-alt="Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, exits the Manhattan federal court in New York City, U.S. February 16, 2023. " data-recommended="false" data-hide="false" contenteditable="false" draggable="false"><div class="sc-1eow4w5-2 fDJNBs has-data img-wrapper" contenteditable="false" style="max-width:2199px" data-alt="Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, exits the Manhattan federal court in New York City, U.S. February 16, 2023. " data-link-reference="" data-link-target="" data-syndicationrights="true" data-imagerights="reuters" data-hide="false" data-hidecredit="false"><span class="sc-1eow4w5-0 knmQPh js_lightbox-wrapper"><div style="padding-bottom:56.2%" class="sc-1eow4w5-3 cPhAPD"><picture class=""><source media="(max-width: 37.31em)" type="image/jpeg" srcset="https://i.kinja-img.com/gawker-media/image/upload/c_fit,f_auto,g_center,q_60,w_645/ac89a23920fd5ae4e2ac7473153e9716.jpg"/><source media="(min-width: 37.37em)" type="image/jpeg" srcset="https://i.kinja-img.com/gawker-media/image/upload/c_fit,f_auto,g_center,q_60,w_965/ac89a23920fd5ae4e2ac7473153e9716.jpg"/><img alt="Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, exits the Manhattan federal court in New York City, U.S. February 16, 2023. " data-chomp-id="ac89a23920fd5ae4e2ac7473153e9716" data-format="jpg" data-alt="Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, exits the Manhattan federal court in New York City, U.S. February 16, 2023. " data-anim-src="" src="https://i.kinja-img.com/gawker-media/image/upload/c_fit,f_auto,g_center,q_60,w_645/ac89a23920fd5ae4e2ac7473153e9716.jpg"/></picture></div></span><p><figcaption class="sc-7s1ndr-0 iapFWj no-caption">Picture<!-- -->: <!-- -->Eduardo Munoz<!-- --> (<!-- -->Reuters<!-- -->)</figcaption></p></div><span data-id="ac89a23920fd5ae4e2ac7473153e9716" data-recommend-id="image://ac89a23920fd5ae4e2ac7473153e9716" data-format="jpg" data-width="2199" data-height="1236" data-lightbox="true" data-alt="Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, exits the Manhattan federal court in New York City, U.S. February 16, 2023. " data-recommended="false" data-hide="false" class="js_recommend"/></figure><div class="sc-r43lxo-1 cwnrYD"><p class="sc-77igqf-0 fnnahv">Sam Bankman-Fried, the disgraced former CEO of the cryptocurrency trade FTX, <!-- -->has been charged with bribing Chinese language officers with $40 million in cryptocurrency in a <span><a target="_blank" class="sc-1out364-0 dPMosf sc-145m8ut-0 kuiiXm js_link" data-ga="[["Embedded Url","External link","https://www.documentcloud.org/documents/23728310-sam-bankman-fried-5th-superseding-indictment",{"metric25":1}]]" href="https://www.documentcloud.org/documents/23728310-sam-bankman-fried-5th-superseding-indictment" rel="noopener noreferrer">new superseding indictment</a></span> within the Southern District of New York (SDNY).<br/></p><p class="sc-77igqf-0 fnnahv">Bankman-Fried <!-- -->used the bribes to achieve entry to a number of frozen Alameda buying and selling accounts,<!-- --> which had greater than $1 billion in cryptocurrency, the SDNY has <!-- -->alleged<!-- -->. The allegation is <span><a target="_blank" class="sc-1out364-0 dPMosf sc-145m8ut-0 kuiiXm js_link" data-ga="[["Embedded Url","External link","https://qz.com/sam-bankman-fried-arrested-a-quick-guide-to-the-charge-1849887079",{"metric25":1}]]" href="https://qz.com/sam-bankman-fried-arrested-a-quick-guide-to-the-charge-1849887079" rel="noopener noreferrer">one of several</a></span> that has<!-- --> emerged <!-- -->since <span><a target="_blank" class="sc-1out364-0 dPMosf sc-145m8ut-0 kuiiXm js_link" data-ga="[["Embedded Url","External link","https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/",{"metric25":1}]]" href="https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/" rel="noopener noreferrer">the world learned</a></span> that FTX was used to prop up Bankman-Fried’<!-- -->s crypto <!-- -->buying and selling firm Alameda and vice versa. Final yr, he <span><a target="_blank" class="sc-1out364-0 dPMosf sc-145m8ut-0 kuiiXm js_link" data-ga="[["Embedded Url","External link","https://time.com/6241262/sam-bankman-fried-political-donations/",{"metric25":1}]]" href="https://time.com/6241262/sam-bankman-fried-political-donations/" rel="noopener noreferrer">was also <!-- -->accused </a></span>by the SDNY of funneling cash illegally to Democratic and Republican campaigns forward of the US midterms.</p><p class="sc-77igqf-0 fnnahv"><em>It is a growing story and can be up to date. </em></p></div></div> <br>[ad_2] <br><a href="https://qz.com/the-us-is-accusing-sam-bankman-fried-of-bribing-chinese-1850273009">Source link </a>
Did Sam Bankman-Fried bribe Chinese officials with crypto?
[ad_1] Picture: Eduardo Munoz (Reuters)Sam Bankman-Fried, the disgraced former CEO of the cryptocurrency trade FTX, has been charged with bribing Chinese language officers with $40 million in cryptocurrency in a new superseding indictment within the Southern District of New York (SDNY).Bankman-Fried used the bribes to achieve entry to a number of frozen Alameda buying and selling accounts, which had greater than $1 billion in cryptocurrency, the SDNY has alleged. The allegation is one of several that has emerged since the world learned that FTX was used to prop up Bankman-Fried’s crypto buying
