January 25, 2023
FTX founder Sam Bankman-Fried. Photo: Seth Wenig/AP
Stories this photo appears in:
FTX chief hit with fresh $40m bribe accusation
FTX’s founder was yesterday hit with fresh accusations that he sought to pay a $40m bribe to Chinese officials to obtain the release of more than $1bn in crypto assets frozen by that nation’s authorities.
SBF’s trading arm gave Pointe owner $3.4m ‘gift’
The China Construction America (CCA) owned entity that developed The Pointe in downtown Nassau purportedly received $3.362m in “gifts or charitable contributions” from Sam Bankman-Fried’s private trading arm.
SBF: Bahamas attacks motivated by prejudice
Sam Bankman-Fried planned to mount an impassioned defence of The Bahamas before the US Congress by implying that attacks on it over FTX's implosion were motivated by racism and prejudice.
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