The ever-expanding Sam Bankman-Fried saga represents the ugliness of America's corporate-government. The man who seemingly bought off American politicians has now been found to have potentially bought influence within the PRC government. Though he's currently sitting comfortably in his parents' Palo Alto, California home on a $250M bond, maybe these corrupt leaders will actually punish their former friend.
According to the US government's account, Bankman-Fried's corruption was baked into FTX's processes from the very start of its operation. Whether he was dishonest, deluded, or both, the government needs to conduct the most thorough investigation and prosecution of this fallen crypto tycoon.