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Posted on: March 28, 2023, 2:51 p.m.
It’s hard to believe, but the disgraced FTX founder is in even more trouble. : Federal prosecutors in Manhattan have charged alleged fraudster Sam Bankman-Fried with conspiring to bribe Chinese government officials to the tune of $40 million in order to access frozen cryptocurrency. According to an indictment released on Tuesday, in early 2021, the SBF-founded hedge fund Alameda held roughly $1 billion in cryptocurrency in Chinese crypto exchanges — at which point law-enforcement officials there froze the funds as … Full investment news article