SBF set to deny alleged Chinese bribe to unlock $1B Alameda funds
A person familiar with the matter told Reuters that curly-haired former billionaire SBF will plead not guilty to bribe allegations.
Cryptocurrency news by Protos · Protos
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Show Notes
FTX founder Sam Bankman-Fried is expected to plead not guilty on Thursday to a new set of charges by the US government, which allege that the curly-haired former billionaire bribed Chinese officials to unfreeze locked funds belonging to Alameda Research, SBF's now-defunct crypto trading firm, and conspired to violate campaign finance laws.
Listen to the article to find out how Sam Bankman-Fried gave $40 million to Chinese officials in order to unfreeze Alameda trading accounts containing $1 billion in cryptocurrency.
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