U.S. charges FTX’s Bankman-Fried with paying $40 million Chinese bribe

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Reuters

By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -U.S. prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, accusing the founder of the now-bankrupt FTX cryptocurrency exchange of paying a $40 million bribe to Chinese officials so they would unfreeze his hedge fund’s accounts. The new bribery conspiracy charge adds to the pressure on the 31-year-old former billionaire, who now faces a 13-count indictment over the November collapse of FTX. Bankman-Fried is expected to be arraigned on the new indictment on Thursday before U.S. District Judge Lewis Kaplan in Manhattan f…

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