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Home » Former Crypto Billionaire Sam Bankman-Fried, found guilty of fraud and money laundering at the end of a month-long trial in New York.
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Former Crypto Billionaire Sam Bankman-Fried, found guilty of fraud and money laundering at the end of a month-long trial in New York.

The jury delivered its verdict after just a few hours of deliberations and was under no illusion when it came to finding him guilty.

It concludes a stunning fall from grace for Bankman-Fried, a former billionaire and one of the most public faces of the crypto industry.

The 31-year-old was arrested last year after his firm, FTX, went bankrupt.

He now faces decades in prison.

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SOURCE: https://www.bbc.com/news/business-67281759

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