Bankrupt cryptocurrency exchange FTX used customer funds to bribe corrupt Chinese officials, former CEO Sam Bankman-Fried’s ex-girlfriend and accomplice has testified in court.
An attorney for bankrupt cryptocurrency exchange FTX has testified in court that former CEO Sam Bankman-Fried ordered a “secret backdoor” to be created for laundering money.
Two associates of former FTX CEO Sam Bankman-Fried are reportedly “cooperating with investigators” in the prosecutors’ fraud case against the boss of the failed cryptocurrency exchange.
Two former top executives have pleaded guilty to federal fraud charges in the case against now-bankrupt cryptocurrency exchange FTX.