FTX founder Sam Bankman-Fried leaves a federal courthouse in New York on February 16. He is accused in a new indictment of paying a US$40 million bribe to unlock frozen crypto in China. Photo: AP
FTX founder Sam Bankman-Fried leaves a federal courthouse in New York on February 16. He is accused in a new indictment of paying a US$40 million bribe to unlock frozen crypto in China. Photo: AP
United States
China

US charges FTX founder Sam Bankman-Fried with bribing ‘one or more’ Chinese officials

  • Bankman-Fried is accused of making the payment to unfreeze accounts belonging to FTX affiliate Alameda, which Chinese authorities had frozen
  • Prosecutors say the accounts were unfrozen after the bribe was transferred from Alameda’s main trading account to a private cryptocurrency wallet

Khushboo Razdan
Khushboo Razdan in New York

Updated: 4:26am, 29 Mar, 2023

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FTX founder Sam Bankman-Fried leaves a federal courthouse in New York on February 16. He is accused in a new indictment of paying a US$40 million bribe to unlock frozen crypto in China. Photo: AP
FTX founder Sam Bankman-Fried leaves a federal courthouse in New York on February 16. He is accused in a new indictment of paying a US$40 million bribe to unlock frozen crypto in China. Photo: AP
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