A New York jury has convicted FTX founder Sam Bankman-Fried of fraud charges. The 31-year-old California man was convicted Thursday in Manhattan federal ...
The prosecutor said that 'while the cryptocurrency industry might be new โฆ this kind of corruption is as old as time'
Sam Bankman-Fried's criminal trial wrapped up on Thursday, leaving the jury to decide the fate of the FTX founder.
Jury's guilty verdict caps stunning downfall of one-time public face of the crypto industry.
Cryptocurrency tycoon Sam Bankman-Fried may face a jail term of more than a century after conviction on seven counts of fraud and money laundering.
A federal jury has reached a verdict in the criminal trial of Sam Bankman-Fried, the former CEO and co-founder of the cryptocurrency exchange FTX.
A tentative sentencing date was set for March 28, 2024. Bankman-Fried could spend decades in prison and potentially up to 115 years.
Sam Bankman-Fried is facing charges of fraud and money laundering, which he denies.