Crime & Punishment

Crypto boss Sam Bankman-Fried convicted of cheating customers, investors out of at least $10 billion

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1 year ago

Last updated: 03/11/2023 at 05:30 AM


In this courtroom sketch, FTX founder Sam Bankman-Fried is questioned during his trial in Manhattan federal court, Thursday, Oct. 26, 2023, in New York. (Elizabeth Williams via AP) Sam Bankman-Fried, the onetime crypto billionaire, was convicted on Thursday of cheating customers and investors of at least $10 billion. Bankman-Fried was convicted by a Manhattan jury, who rejected his denial from the witness stand, The Associated Press reported. Related Coverage: “His crimes caught up to him. His crimes have been exposed,” Assistant U.S. Attorney Danielle Sassoon told the jury, the wire service r

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