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The Independent UK

National

Martha McHardy

HISTORICAL FACTS: When will sam bankman fried be sentenced | History Defined

Sam Bankman-Fried Caroline Ellison FTX Alameda Mark Cohen Crypto Alameda Research Prison

REUTERS

FTX founder Sam Bankman-Fried has been convicted of defrauding customers of his popular cryptocurrency exchange out of billions of dollars.

The 31-year-old, who was once worth $26bn, was found guilty of two counts of fraud and five counts of conspiracy in a Manhattan courtroom on Thursday 2 November.

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