News Snapshot:
U.S. federal prosecutors have added yet another charge to the long list that fallen cryptocurrency founder, Sam Bankman-Fried, is facing. The former CEO of crypto exchange FTX is being indicted over allegations that he bribed Chinese government officials to the tune of more than $40 million dollars as part of his shady financial dealings. The news was first reported by Reuters, and comes from a legal document filed and unsealed Tuesday. The superseding indictment alleges that Bankman-Frie d (or SBF as he’s commonly called) directed tens of millions of dollars to regulatory officials in China in order to get certain...
