Former FTX CEO Sam Bankman-Fried was found guilty of seven charges including fraud and conspiracy to commit money laundering on Thursday.
His trial, which began in October, ended after a four-hour deliberation by the jury.
The verdict came a year to the day CoinDesk published Alameda’s balance sheet.
Mark Cohen, a lawyer for Bankman-Fried said, “We respect the jury’s decision. But we are very disappointed with the result. Mr. Bankman Fried maintains his innocence and will continue to vigorously fight the charges against him.”
Meanwhile, US Attorney for the Southern District of New York, Damian Williams, said “…Here’s the thing: The cryptocurrency industry might be new….
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