FTX founder Sam Bankman-Fried is expected to plead not guilty on Thursday to a new set of charges by the US government, which allege that the curly-haired former billionaire bribed Chinese officials to unfreeze locked funds belonging to Alameda Research, SBF's now-defunct crypto trading firm, and conspired to violate campaign finance laws.

Listen to the article to find out how Sam Bankman-Fried gave $40 million to Chinese officials in order to unfreeze Alameda trading accounts containing $1 billion in cryptocurrency.

For more informed news, follow us on Twitter, Instagram, and Google News or visit our website at Protos.com

Hosted on Acast. See acast.com/privacy for more information.