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Sam Bankman-Fried (SBF), the disgraced founder of digital asset trading platform FTX, has been found guilty by a 12-member jury in Manhattan federal court. In the latest development on SBF trial series, Bankman-Fried, previously termed as the white knight of the digital asset space, is now facing decades in prison after being found guilty on seven counts.
SBF Trial: Bankman-Fried Found Guilty on Seven Counts
Bankman-Fried was convicted on two counts of wire fraud, two counts of wire fraud conspiracy, one count of securities fraud, one count of commodities fraud conspiracy and one count of money laundering conspiracy. He has been found guilty on all these counts, carrying…
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