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U.S. charges FTX's Bankman-Fried with
paying $40 mln Chinese bribe

Original Article

Posted By: Hazymac, 3/28/2023 4:09:07 PM

NEW YORK - U.S. prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, accusing the founder of the now-bankrupt FTX cryptocurrency exchange of paying a $40 million bribe to Chinese officials so they would unfreeze his hedge fund's accounts. The new bribery conspiracy charge adds the pressure on the 31-year-old former billionaire, who now faces a 13-count indictment over the November collapse of FTX. Prosecutors had previously accused Bankman-Fried of stealing billions of dollars in customer funds to plug losses at his Alameda Research hedge fund, and orchestrating an illegal campaign donation scheme to buy influence in Washington, D.C. A spokesman for Bankman-Fried declined to comment.

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Reply 1 - Posted by: voxpop 3/28/2023 4:15:56 PM (No. 1435700)
Buh bye, Sammy boy.
6 people like this.

Reply 2 - Posted by: BRDG 3/28/2023 4:17:15 PM (No. 1435702)
Democrat money laundering operation from DAY ONE
9 people like this.

Reply 3 - Posted by: EJKrausJr 3/28/2023 4:17:56 PM (No. 1435703)
Will SBF make it to trial? Doubt it. He knows where the skeletons are buried in DC. The DCe (DC Elite) should be very afraid.
2 people like this.

Reply 4 - Posted by: john56 3/28/2023 4:21:24 PM (No. 1435707)
And 10% back to the "big guy," right?
8 people like this.

Reply 5 - Posted by: bad-hair 3/28/2023 5:26:25 PM (No. 1435739)
Ponzi straight up B B Y
3 people like this.

Reply 6 - Posted by: stablemoney 3/28/2023 5:51:26 PM (No. 1435766)
Will he be charged for the bribes paid to Democrats and Rino's? Is this where the Chinese get the money to pay McConnell?
4 people like this.

Reply 7 - Posted by: DVC 3/28/2023 6:00:00 PM (No. 1435775)
How is it that so many rich folks are such stupid suckers for these totally BS scam artists like this obvious punk?
6 people like this.

Reply 8 - Posted by: mifla 3/29/2023 5:02:46 AM (No. 1436057)
China is the cat, and the Dems are the mouse that the cat is playing with.
0 people like this.

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