Sam Bankman-fried Tried To Bribe Chinese Officials With At Least $40 Million, Prosecutors Say In A New Charge

insider@insider.com (Sindhu Sundar), Business Insider
Tue, 03/28/2023 - 7:29am

Sam Bankman-Fried has been hit with a new bribery conspiracy charge.AP Photo/Seth Wenig Sam Bankman-Fried was hit with a new bribery conspiracy charge, according to an indictment unsealed Tuesday. He spent $40 million or more in crypto to "influence" Chinese officials, prosecutors said. He’s previously pleaded not guilty to the DOJ’s original charges. Sam Bankman-Fried, the former CEO of fallen crypto exchange FTX, has been hit with a new bribery conspiracy charge.

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Sam Bankman-fried Tried To Bribe Chinese Officials With At Least $40 Million, Prosecutors Say In A New Charge

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