Alameda Research allegedly paid Chinese officials around $150M to regain $1B worth of exchange accounts
https://techcrunch.com/2023/10/11/sbf-trial-alameda-research-china-bribes/
During the Sam Bankman-Fried trial on Wednesday, former Alameda Research CEO Caroline Ellison testified that the crypto trading firm paid Chinese officials to get their Alameda trading accounts on OKX and Huobi in China unlocked.
Judge Lewis Kaplan noted that the defendant is not charged in this case with bribery of Chinese officials, and the evidence was being offered for “limited purposes to display trust and confidence” as well as “motive” between Bankman-Fried and Ellison.