Sam Bankman-Fried found guilty of fraud: FTX founder facing 100 years in prison
FTX founder Sam Bankman-Fried was found guilty Thursday of orchestrating one of the biggest frauds in U.S. history and could be sentenced to more than 100 years behind bars.
A New York jury of nine women and three men found the 31-year-old son of two Stanford legal scholars guilty of seven federal charges, including wire fraud, securities fraud, and money laundering connected to the collapse of his cryptocurrency exchange and related hedge fund Alameda Research.
November 07, 2023 05:22 PM
November 07, 2023 05:23 PM
