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 ...
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.”
I’ll assume SBF will be hanged out to dry while all his Democrat politician co-conspirators are protected.
Huh. I was beginning to think this guy had been kicked out of a helicopter.
A deep state op, no wonder he gets to stay at home.
“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*
He’s going to miss a few blackberry pickins.
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.
I bet there is a plea deal and this quietly goes away.
We certainly haven’t heard much from Paul Pelosi’s Hammer-Head villain have we?
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.
Disappeared
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.
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.
I worked for a Fortune 70 and we paid bribes to China. We shipped BMW’s and Mercedes’ to Hong Kong.
All rat politicians should be made to disgorge all funds received from this sham bank. And with an apology!
SBF’s vig was not large enough
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