FTX founder Sam Bankman-Fried charged with bribery conspiracy in new indictment


Source: theglobeandmail.com theglobeandmail.com

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FTX founder Sam Bankman-Fried leaves Manhattan federal court, in New York, on Feb. 9.John Minchillo/The Associated Press U.S. prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, charging the founder of now-bankrupt FTX cryptocurrency exchange with conspiring to violate anti-bribery provisions of the Foreign Corrupt Practices Act. Federal prosecutors in Manhattan accused Bankman-Fried of directing the transfer of at least $40-million of cryptocurrency to benefit Chinese government officials. In a court filing, they asked U.S. District Judge Lewis Kaplan to arrange a court hearing so Bankman-Fried can be arraigned on the new, 13-count indictment. The 31-year-old former billionaire had...