Just in : FTX founder, Sam Bankman-Fried is found guilty of looted $8 billion fraud charges against him
FTX founder Sam Bankman-Fried has been found guilty of looting $8 billion from customers of his now-bankrupt cryptocurrency exchange. A 12-member jury in Manhattan federal court convicted Bankman-Fried on all seven counts he faced after a monthlong trial. With this, U.S. District Judge Lewis Kaplan has set Bankman-Fried’s sentencing for March 28, 2024, and he could face decades in prison. The verdict came about…
