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Dubai News Club > Tech > Sam Bankman-Fried found guilty of fraud
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Sam Bankman-Fried found guilty of fraud

Press Room
Last updated: 2023/11/02
Press Room
Published: November 2, 2023
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Former cryptocurrency kingpin Sam Bankman-Fried has been found guilty of fraud. A New York jury delivered the verdict on November 2nd, concluding a trial that has seen Bankman-Fried defend himself against claims that he criminally mismanaged his crypto exchange FTX and trading firm Alameda Research.

After more than a month in trial, the jury took less than four hours to decide Bankman-Fried’s fate, declaring him guilty on all seven charges, including wire fraud, conspiracy to commit wire…

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