sam bankman fried fraud charges ftx

Sam Bankman-Fried Found Guilty on All Seven Counts Crypto King

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Crypto King" Sam Bankman-Fried Has Been Found Guilty On All Seven Counts

In a dramatic turn of events, Sam Bankman-Fried, formerly one of the cryptocurrency world’s most prominent figures and the founder of FTX, has been found guilty of fraud and money laundering following a month-long trial in New York. The verdict marks a significant fall from grace for the 31-year-old entrepreneur, who was once known as … Read more

Bankman-Fried set to enter not guilty plea in FTX fraud case

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Bankman-Fried set to enter not guilty plea in FTX fraud case

Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a source familiar with the matter. Bankman-Fried is accused of illegally using FTX customer deposits to support his Alameda Research hedge fund, … Read more