Xiao Jianhua: Chinese-Canadian tycoon jailed for 13 years
19 August 2022 |
3:23 pm
A Shanghai court said the billionaire, who had not been seen in public since 2017, was sentenced and his investment firm was fined for embezzlement and bribery.
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The judge has tentatively set the trial for the founder of the now-bankrupt FTX crypto exchange for October 2. Bankman-Fried was also barred from accessing FTX or Alameda Limited assets, as a new bail condition.
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China said the device deviated from its route, and "accidentally strayed over Latin America and the Caribbean." This comes even as the US is seaching for the remains of the suspected surveillence balloon it shot down.
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