FTX founder Sam Bankman-Fried leaves the Manhattan federal courthouse on Tuesday, January 3, 2023. Photo: Ryland West/ALM FTX Founder Sam Bankman-Fried Found Guilty on All Counts in Crypto Fraud Trial
Jurors heard testimony from former FTX customers, investors and, crucially, a group of former employees who testified about Bankman-Fried's state of mind and behind-the-scenes actions as his companies grew and then collapsed in November 2022.
November 02, 2023 at 07:54 PM
4 minute read
A Manhattan federal jury found former cryptocurrency mogul Sam Bankman-Fried guilty of fraud and money laundering charges Thursday after more than four hours of deliberation and nearly a month of witness testimony outlining the collapse of crypto exchange FTX and crypto trading firm Alameda Research.
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