Former FTX CEO Sam Bankman-Frieds convicted of fraud and campaign finance violations in landmark trial

Category: News
Publish Date: November 2, 2023 - 8:19 am

The jury in the trial of former CEO of FTX Cryptocurrency, Sam Bankman-Frieds, has found the defendant guilty of fraud on all counts in his first of two trials. Bankman-Frieds defrauded his clients out of billions of dollars in his schemes, and instructed others in his company to do the same. He was also found guilty of violating campaign finance laws.