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SBF indicted for bribing China officials to unfreeze Alameda funds

Sam Bankman-Fried, formerly of FTX and Alameda Research, has been indicted for directing at least $40 million in bribes to Chinese officials.

This firm got $475M from SBF last year, now FTX wants it back

The deal avoids a lengthy legal battle with Modulo and gets around the fact that SBF won’t be available due to ongoing criminal proceedings.

Sam Bankman-Fried relied on a number of trading desks beside Alameda Research to keep his empire functioning.

A superseding indictment has been filed against Sam Bankman-Fried additionally alleging bank fraud, securities fraud, and commodities fraud.