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US charges Sam Bankman-Fried with bribing Chinese officials in FTX case (www.theguardian.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Prosecutors charged former FTX-founder Bankman-Fried with directing payments in order to unfreeze accounts belonging to his hedge fund, Alameda Research, that Chinese authorities had frozen. In addition, prosecutors last month also unveiled four other counts against Bankman-Fried, accusing him of orchestrating an illegal campaign donation scheme to buy influence in Washington DC.

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