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Bombay HC Puts a Halt to Bank Actions under RBI Circular on Fraudulent Accounts

Bankman-Fried charged in Chinese bribe

United States prosecutors have unveiled a new indictment against Sam Bankman-Fried, accusing the FTX cryptocurrency exchange founder of paying a $40 million bribe to Chinese officials.

New charges say Sam Bankman-Fried paid $40M crypto bribe to China

The same month that the cryptocurrency exchange FTX abruptly collapsed into bankruptcy, a superseding indictment says the company's founder paid off Chinese officials to regain access to $1 billion worth of frozen crypto assets.

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