Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial | Currency News | Financial and Business News

November 7, 2023

in Stocks

Reading Time: 4 mins read

NEW YORK — Sam Bankman-Fried defrauded his customers and lenders, a New York jury found after a five-week trial for the FTX founder and former chief executive.

A tentative sentencing date was set for March 28, 2024. Bankman-Fried could spend decades in prison (and theoretically up to 115 years).

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Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial | Currency News | Financial and Business News

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