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HomeInvestmentSBF’s alleged Chinese bribe, Binance clarifies account freeze: Asia Express By Cointelegraph

SBF’s alleged Chinese bribe, Binance clarifies account freeze: Asia Express By Cointelegraph


SBF’s alleged Chinese bribe, Binance clarifies account freeze: Asia Express

Our weekly roundup of news from East Asia curates the industrys most important developments.

According to October 11 testimony from Caroline Ellison, co-founder of FTX-linked hedge fund Alameda Research, her colleague disgraced FTX founder Sam Bankman-Fried allegedly paid $150 million in bribes to Chinese government officials in 2021, higher than the $40 million disclosed initially.

The disgraced FTX founder will be on trial throughout October. (Wikipedia)
Binance co-founder Yi Hes statement on Hamas account freezes. (WeChat)
Chinese judge explains why the lending contract was invalid and therefore denied relief for breach of contract.

Continue Reading on Coin Telegraph



This story originally appeared on Investing

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