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FTX's Bankman-Fried charged with bribery conspiracy in new indictment
Reuters via MSN ^ | March 28, 2023 | by Luc Cohen and Jonathan Stempel

Posted on 03/28/2023 6:53:02 AM PDT by Oldeconomybuyer

NEW YORK, March 28 (Reuters) - U.S. prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, charging the founder of now-bankrupt FTX cryptocurrency exchange with conspiring to violate anti-bribery provisions of the Foreign Corrupt Practices Act.

Federal prosecutors in Manhattan accused Bankman-Fried of directing the transfer of at least $40 million of cryptocurrency to benefit Chinese government officials.

In a court filing, they asked U.S. District Judge Lewis Kaplan to arrange a court hearing so Bankman-Fried can be arraigned on the new, 13-count indictment.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: bankmanfried; ccp; crypto; ftx; lewiskaplan; sambankmanfried

1 posted on 03/28/2023 6:53:02 AM PDT by Oldeconomybuyer
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To: All

CNBC: “The federal government alleges that accounts belonging to Bankman-Fried’s hedge fund, Alameda Research, were the target of a freezing order from Chinese police “in or around” Nov. 2021. The indictment also alleges that Bankman-Fried and others “directed and caused the transfer” of at least $40 million in cryptocurrency “intended for the benefit of one or more Chinese government officials in order to influence and induce them” to unfreeze some of these accounts.”


2 posted on 03/28/2023 6:54:41 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: Oldeconomybuyer

I’ll assume SBF will be hanged out to dry while all his Democrat politician co-conspirators are protected.


3 posted on 03/28/2023 6:56:12 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
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To: Oldeconomybuyer

Huh. I was beginning to think this guy had been kicked out of a helicopter.


4 posted on 03/28/2023 6:59:01 AM PDT by skeeter
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To: ConservativeInPA
[Sam Bankman-Fried]

You can look into his eyes and see that he knew this was a con-game, a pyramid-scheme from the get-go.

Tony Blair and Bill Clinton are no doubt, shocked, shocked I tell ya, to find out that this was a scam...




5 posted on 03/28/2023 7:02:24 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: SaveFerris
You can look into his eyes and see that he knew this was a con-game, a pyramid-scheme from the get-go.

A deep state op, no wonder he gets to stay at home.

6 posted on 03/28/2023 7:03:50 AM PDT by 1Old Pro
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To: Oldeconomybuyer; FRiends

“Federal prosecutors in Manhattan accused Bankman-Fried of directing the transfer of at least $40 million of cryptocurrency to benefit Chinese government officials.”

Aren’t all the Prosecutors in Manhattan busy trying to ‘Get Trump?’ They’ve actually got TIME to go after a REAL criminal?

Who knew? *SNORT*


7 posted on 03/28/2023 7:06:04 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: Oldeconomybuyer

He’s going to miss a few blackberry pickins.


8 posted on 03/28/2023 7:08:32 AM PDT by DannyTN
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To: 1Old Pro; null and void; Travis McGee; Diogenesis; Red Badger; bagster; rxsid; rx; musicman; ...
SBF knows too much. Way too much...


9 posted on 03/28/2023 7:12:06 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: ConservativeInPA

Precisely why this will never go to trial. If I were his attorney defending him I would call every last politician he met with or paid “contributions “ to, directly and indirectly. The trial would last 100 years.


10 posted on 03/28/2023 7:13:52 AM PDT by blackdog ((Z28.310) Rufus T Firefly lives on. )
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To: blackdog

I bet there is a plea deal and this quietly goes away.


11 posted on 03/28/2023 7:16:54 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
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To: ConservativeInPA

We certainly haven’t heard much from Paul Pelosi’s Hammer-Head villain have we?


12 posted on 03/28/2023 7:19:53 AM PDT by blackdog ((Z28.310) Rufus T Firefly lives on. )
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To: blackdog

I have a tendency to agree with you, one way we will know is if SBF gets offered sweetheart plea deal, maybe serve a couple of years in a country club minimal security prison and pay a fine in exchange for pleading guilty, eliminate all the testimony and discovery that might come out at trial.

If word starts to spread SBF and his lawyers are going the scorched earth route to be found no guilty, either he will be Epsteined or given a sweet deal.


13 posted on 03/28/2023 7:20:30 AM PDT by srmanuel
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To: blackdog

Disappeared


14 posted on 03/28/2023 7:26:28 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
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To: Oldeconomybuyer

how can they be persecuted for bribery without someone to bribe?

shouldn’t all those who accepted the bribes also be named / persecuted?

oh... they’re democrats? never mind. move along.


15 posted on 03/28/2023 7:30:03 AM PDT by sten (fighting tyranny never goes out of style)
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To: Oldeconomybuyer

Bankman-Fried can be arraigned on the new, 13-count indictment.

And and Hilary’s 30,0000 e-mails will show yo too huh Moe.


16 posted on 03/28/2023 7:40:42 AM PDT by Vaduz (....)
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To: Oldeconomybuyer

I worked for a Fortune 70 and we paid bribes to China. We shipped BMW’s and Mercedes’ to Hong Kong.


17 posted on 03/28/2023 1:30:54 PM PDT by AppyPappy (Biden told Al Roker "America is back". Unfortunately, he meant back to the 1970's)
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To: Oldeconomybuyer

All rat politicians should be made to disgorge all funds received from this sham bank. And with an apology!


18 posted on 03/28/2023 3:25:42 PM PDT by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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To: AppyPappy

SBF’s vig was not large enough


19 posted on 03/28/2023 4:17:48 PM PDT by markman46 (engage brain before using keyboard!!!)
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