Sam Bankman-Fried was charged with seven counts of fraud, conspiracy and money laundering centered on his alleged use of customer deposits on FTX.
Aaron Katersky and Meredith DelisoA jury has found FTX founder Sam Bankman-Fried guilty on all charges in his federal fraud and conspiracy"We will have decorum in the courtroom when the verdict is announced," Judge Lewis Kaplan said before the reading.
He was accused of using customer deposits on the crypto trading platform FTX to cover losses at his hedge fund, pay off loans and buy lavish real estate, among other personal expenses. With his head down, Bankman-Fried appeared overcome with emotion as he stood between his lawyers, who seemed to comfort him. He nodded slightly as defense attorneys Marc Cohen and Chris Everdell spoke quietly in his ear.
"I would tell the government to let me know by Feb. 1 whether that's going to proceed," the judge said.
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Sam Bankman-Fried convicted in fraud and conspiracy trial, faces 110 years in prisonSam Bankman-Fried was charged with seven counts of fraud, conspiracy and money laundering centered on his alleged use of customer deposits on FTX.
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Sam Bankman-Fried convicted in fraud and conspiracy trial, faces 110 years in prisonSam Bankman-Fried was charged with seven counts of fraud, conspiracy and money laundering centered on his alleged use of customer deposits on FTX.
Weiterlesen »
Sam Bankman-Fried convicted in fraud and conspiracy trial, faces 110 years in prisonSam Bankman-Fried was charged with seven counts of fraud, conspiracy and money laundering centered on his alleged use of customer deposits on FTX.
Weiterlesen »
Sam Bankman-Fried convicted in fraud and conspiracy trial, faces 110 years in prisonSam Bankman-Fried was charged with seven counts of fraud, conspiracy and money laundering centered on his alleged use of customer deposits on FTX.
Weiterlesen »
Sam Bankman-Fried convicted in fraud and conspiracy trial, faces 110 years in prisonSam Bankman-Fried was charged with seven counts of fraud, conspiracy and money laundering centered on his alleged use of customer deposits on FTX.
Weiterlesen »
Sam Bankman-Fried Found Guilty of All Seven Counts in Fraud TrialNew York federal jury finds crypto exchange’s founder guilty of stealing billions of dollars from customers
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