Prosecutors this week charged Mr. Bankman-Fried with orchestrating a $40 million bribe to Chinese officials to unfreeze funds held by his trading firm, Alameda Research.
Tag: Bankman-Fried, Sam
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Sam Bankman-Fried Is Charged With Foreign Bribery
Federal prosecutors said Sam Bankman-Fried had instructed employees to pay a $40 million bribe to one or more Chinese officials to help unfreeze trading accounts maintained by FTX’s sister company.
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Do Kwon, Crypto Fugitive, Led a Very Public Life While on the Run
Do Kwon, the founder of the failed crypto company Terraform Labs, is facing charges by the authorities in both South Korea and the United States.
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Crypto Wants Its Shine Back
After a miserable year, cryptocurrency companies are looking for ways to rebrand products that many consumers no longer trust.