FTX founder Bankman-Fried charged with paying $40 million bribe

TL;DR

The charge of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act means Bankman-Fried faces now faces a total of 13 charges after being arrested in the Bahamas last December and brought to the United States soon thereafter. The bribe payment of cryptocurrency — then worth about $40 million — was moved from Alameda's main trading account to a private cryptocurrency wallet in November 2021 and the frozen accounts were unfrozen at about the same time, the indictment said. First published on March 28, 2023 / 11:58 AMQuotes delayed at least 15 minutes

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