Sam Bankman-Fried found guilty of Fraud at FTX criminal trial

Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, has been found guilty of fraud in a criminal trial. The trial was held in the United States District Court for the Southern District of New York. Bankman-Fried was accused of defrauding investors in his FTX exchange by falsely claiming that it was backed by real assets. He faces up to 20 years in prison if convicted.

#FTX's #FTXCase #ftx #SamBankman-Fried

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