Sam Bankman-Fried Found Guilty On All Charges In Fraud Case
Prosecutors say he stole nearly $14 billion in customer deposits from his crypto-currency exchange and wrongfully spent it.
A Manhattan federal jury found FTX co-founder Sam Bankman-Fried guilty on all charges he faced. The 31-year-old entrepreneur is accused of conducting one of the largest financial frauds in history. Prosecutors say he stole nearly $14 billion in customer deposits from his crypto-currency exchange and wrongfully spent it for personal use as well as donating it to political candidates and…