Prosecutors allege Bankman-Fried and others sought to regain access to the assets held in Alameda accounts in 2021 to fund additional trading activity, according to the indictment.
Sam Bankman-Fried was charged with bribing Chinese officials, adding a new dimension to the US government’s case against the FTX co-founder.
The new charge was unsealed Tuesday in a revised indictment by federal prosecutors in Manhattan. Bankman-Fried is accused of authorizing the payment of US$40 million to one or more Chinese government officials in order to get them to unfreeze accounts at Alameda Research, a Hong Kong-based trading firm affiliated with FTX, holding more than US$1 billion in cryptocurrency.
