News Snapshot:
Former FTX chief executive Sam Bankman-Fried was accused Tuesday of paying bribes to a Chinese government official. File Photo by John Angelillo/UPI | License Photo March 28 (UPI) -- Federal prosecutors added another charge against FTX co-founder Sam Bankman-Fried on Tuesday, accusing him of paying tens of millions of dollars worth of bribes to a Chinese government official. The indictment alleges that Bankman-Fried transfered at least $40 million worth of cryptocurrency to at least one Chinese government official, so that they would unfreeze accounts belonging to Bankman-Fried's hedge fund, Alameda Research. Advertisement The unfrozen assets allegedly contained around $1 billion,...
