Sam Bankman-Fried Trial: Fallen Crypto Mogul Convicted in Collapse That Cost Users Billions

www.nytimes.com

cross-posted to:
crypto@lemmy.ml

Sam Bankman-Fried Trial: Fallen Crypto Mogul Convicted in Collapse That Cost Users Billions

www.nytimes.com

jeffw@lemmy.worldM to

News@lemmy.world · 1 year ago

cross-posted to:
crypto@lemmy.ml

Sam Bankman-Fried, whose FTX cryptocurrency exchange collapsed last year, was found guilty on all seven charges of fraud and conspiracy. Prosecutors said he orchestrated a scheme to steal as much as $10 billion from his users.

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