In the U.S.’s ongoing case against Sam Bankman-Fried, prosecutors filed new charges against the disgraced FTX founder on Tuesday, adding a 13th count related to an alleged bribe made to Chinese officials.
In the indictment, prosecutors for the U.S. Southern District of New York accuse Bankman-Fried of authorizing and directing a bribe of at least $40 million to one or more Chinese government officials, with the purpose of influencing them to unfreeze accounts belonging to his proprietary trading firm, Alameda Research. The alleged bribe occurred "in or about 2021," according to the indictment. China banned all crypto in September 2021.
