Bankman-Fried pleads not guilty to five new charges

Bankman-Fried pleads not guilty to five new charges

[ad_1] In the newest charge, prosecutors alleged on Tuesday that the former billionaire bribed Chinese officials after his trading firm, Alameda Research, was locked out of trading accounts on two of China’s crypto exchanges. After the officials received an initial $40 million payment and unlocked the accounts, Bankman-Fried directed his employees to transfer “tens of…

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