ZachXBT Targets SBF's Concealed $40M Transfer to Chinese Authorities
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 07 2025Allegations of Bribery: Sam Bankman-Fried, the former CEO of FTX, is accused of hiding a $40 million transfer allegedly used to bribe Chinese authorities to unfreeze accounts belonging to Alameda Research, which contained significant crypto assets.
Appeal for New Trial: Bankman-Fried's lawyers are appealing his 2023 conviction on seven criminal charges, arguing that the trial was unfair due to the presiding judge's bias and the prosecution's reliance on emotional rather than factual evidence.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
