Sam Bankman-Fried has been found guilty of fraud and conspiracy by a jury in a court in New York. The founder of bankrupt crypto exchange FTX has been convicted on all of the seven counts on which he was tried. He awaits sentencing.
A sprawling a complex case was ultimately decided in a matter of hours, with the jury confirming it was ready to deliver its verdict at 7:33 pm ET. Bankman-Fried was found guilty on all seven counts against him.
Bankman-Fried stood to hear the jury’s verdict and, once found guilty on all charges, sat back down without much sign of emotion. His parents, who have staunchly maintained their son’s
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