His bribe worked well, as it led to unfreezing his crypto trading accounts in China, documents say. The infamous former CEO of FTX is facing another criminal charge to his name, for his alleged actions of violating the Foreign Corrupt Practices Act of the United States when he bribed Chinese officials.
Get latest articles and stories on World at LatestLY. FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in a newly rewritten indictment unsealed Tuesday. World News | FTX Founder Bankman-Fried Charged with Paying $40M Bribe.