by ZeroHedge News Staff at ZeroHedge
Federal prosecutors in Manhattan have hit FTX founder Sam Bankman Fried (“SBF”) with a new 13-count indictment accusing him of funneling $40 million in cryptocurrency to ‘one or more’ Chinese government officials, in order to “influence and induce them” to unfreeze Alameda Research trading accounts holding over $1 billion in crypto.
He is accused of conspiring to violate anti-bribery provisions of the Foreign Corrupt Practices Act.
🚨 “SBF and others directed and caused the transfer of at least $40m in cryptocurrency intended for the benefit of one of more Chinese government officials”
SBF charged with bribing Chinese officials. pic.twitter.com/wdolK5j3JD
— J (@theirish_man) March 28, 2023
In the Tuesday court filing, prosecutors asked US District Judge Lewis Kaplan to arrange a court hearing in order to arraign Bankman-Fried on the new charges.
“The S5 Indictment, which was unsealed this morning, includes the twelve counts contained in the S3 Superseding Indictment, as well an additional count for conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act (‘FCPA’), in violation of 18 U.S.C. § 371,” reads a letter to the judge, Coindesk reports:…
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