💴 U.S. prosecutors on Tuesday revealed a new indictment against Sam Bankman-Fried, accusing the founder of the now-bankrupt FTX cryptocurrency exchange of conspiring to bribe Chinese government officials with $40 million in payments. Bankman-Fried directed the payment to unfreeze accounts belonging to his hedge fund, Alameda Research, which held over $1 billion of cryptocurrency that Chinese authorities had frozen, according to federal prosecutors in Manhattan. The accounts were unfrozen after the bribe payment was transferred around November 2021 from Alameda's main trading account to a private cryptocurrency wallet, per the new indictment. Bankman-Fried then authorized the transfer of tens of millions of dollars of additional cryptocurrency to complete the bribe, prosecutors said. Get the rest of the story through the link in bio. benzinga . . . . . . . #crypto #cryptonews #sbf #ftx #crime #fraud #wallstreet #money #business #cryptocurrency #china #chinese #blockchaintechnolog...