SBF verdict: Jury finds FTX founder guilty on all counts in Manhattan criminal fraud trial

• A jury found Sam Bankman-Fried guilty of financial crimes in his monthlong Manhattan trial.
• Prosecutors argued Bankman-Fried and co-conspirators funneled money from unknowing FTX customers.
• The defense said Bankman-Fried simply didn’t know and his executives were to blame.

A jury found Sam Bankman-Fried guilty of seven counts of fraud and conspiracy in his criminal trial in Manhattan federal court after deliberating for about four and a half hours on Thursday.

Bankman-Fried faces up to 110 years in prison for the charges. His sentencing is tentatively scheduled for March 28 of next year.