FTX Founder Sam Bankman-Fried Bribed Chinese Investors With STOLEN BILLIONS!
Ahead of the trial (you more than likely forgot about), it's been uncovered that disgraced former CEO of FTX, Sam Bankman-Fried bribed Chinese official to the tune of $40 Million to open up certain accounts abroad, so he had other avenues to pilfer. This has resulted in more new charges, coupled with the 13 other counts from the end of last year.
Another finding is that several members of the FTX and Alameda Research executive class were taking "loans" out from their companies. SBF personally received $2.2 Billion, Caroline Ellison and Gary Wang, two people cooperating with the Feds on his case, also took a hefty sum. Over $3 Billion in total was embezzled, but that's just the beginning!
Sources:
The Epoch Times: https://www.theepochtimes.com/ftx-founder-bankman-fried-bribed-chinese-officials-with-40-million-in-crypto-doj_5155592.html
Intelligencer: https://nymag.com/intelligencer/2023/03/sam-bankman-fried-gave-himself-usd2-billion-of-company-money.html
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