Sam Bankman-Fried is found guilty of all seven charges against him after five weeks of a resounding trial. He was judged yesterday Thursday November 02, 2023 by a New York jury

Sam Bankman-Fried is accused of fraud, criminal conspiracy, and money laundering. Federal judge Lewis Kaplan will hand down the sentence of the fallen cryptocurrency star on March 28. She faces a total of up to 110 years of criminal imprisonment. The jury found him guilty of using, without their knowledge, funds deposited by customers of his cryptocurrency exchange FTX, which went bankrupt in November 2022. The federal prosecutor in Manhattan, Damian Williams, said after the verdict was read that “Sam Bankman-Fried committed one of the biggest financial frauds in the history of the United States.” He acknowledged “big mistakes” but always denied having knowingly broken the