Sam Bankman-Fried – the former crypto executive behind popular digital currency trading platform FTX – has been charged with violating the Foreign Corrupt Practices Act by allegedly attempting to bribe officials from China. Sam Bankman-Fried Is Facing New Charges Prosecutors claim that Sam Bankman-Fried attempted to send money to Chinese officials so they would unfreeze roughly $1 billion under his name. The money is being held through his secondary company Alameda Research, a crypto trading hedge fund. With these new charges, Sam Bankman-Fried is now facing approximately 13 separate counts in court. The indictment of the crypto executive reads as
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Author: NixCoin