According to the new indictment, Sam Bankman-Fried has violated the US law that prohibits bribing foreign officials.
Virtual currency exchange Founder of FTX Sam Bankman-Friedia a new criminal charge has been brought against him.
According to the new indictment, Bankman-Fried violated US law that prohibits bribing foreign officials, tells the American newspaper The Wall Street Journal (WJS).
This is the third charge brought against Bankman-Fried. They now have a total of thirteen charges.
In the new indictment, US prosecutors believe that in 2021, Bankman-Fried authorized to bribe one or more Chinese officials with an amount worth at least 40 million dollars (about 37 million euros) in cryptocurrencies.
Chinese police authorities had frozen the accounts of Alameda Research, an investment firm founded by Bankman-Fried, and Chinese officials were bribed to lift the freeze. The accounts had more than a billion dollars worth of virtual currency.
Bankman-Fried the first charge was filed in December of last year. It says he stole billions of dollars worth of FTX customers’ funds. In addition, he is accused of misleading investors and creditors.
A second charge was filed in February. In it, Bankman-Fried is accused of bank fraud and running an unauthorized money transfer business.
According to the WSJ, Bankman-Fried has pleaded not guilty to the charges brought in December. He has not yet responded to the additional charges.