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FTX founder charged with bribing Chinese officials

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Published: March 29th, 2023,
Last updated: March 29th, 2023

US prosecutors have charged the founder of bankrupt crypto exchange FTX, Sam Bankman-Fried, with bribing Chinese government officials. Law enforcement authorities accuse the 31-year-old of conspiring to pay 40 million US dollars in bribes to Chinese officials. By doing so, Bankman-Fried is said to have violated the US Foreign Corrupt Practices Act.

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