![Sam Bankman-Fried, the founder of the FTX, was found guilty on all charges in his monthlong fraud and conspiracy trial on Thursday.](https://san.com/wp-content/uploads/2023/11/CLEAN-Bankman-Fried_AP-Images_featuredImage_Fri-Nov-03-2023.jpg?w=1920)
SAM BANKMAN-FRIED — THE FOUNDER OF THE CRYPTOCURRENCY EXCHANGE — FTX — WAS FOUND GUILTY ON ALL CHARGES IN HIS FRAUD AND CONSPIRACY TRIAL THURSDAY — NEARLY A YEAR AFTER HIS COMPANY FILED FOR BANKRUPTCY.
BANKMAN-FRIED WAS CONVICTED ON SEVEN COUNTS OF WIRE FRAUD, SECURITIES FRAUD, AND MONEY LAUNDERING — AFTER PROSECUTORS SAY HE WAS CAUGHT STEALING 8-BILLION-DOLLARS FROM HIS CUSTOMERS IN WHAT THEY CALLED — “ONE OF THE BIGGEST FINANCIAL FRAUDS IN AMERICAN HISTORY.”
THE JURY DELIBERATED FOR FOUR HOURS BEFORE DELIVERING THE GUILTY VERDICT FOLLOWING THE MONTH-LONG TRIAL…
BANKMAN–FRIED’S SENTENCING IS SET FOR MARCH 28TH —
HE FACES UP TO ONE-HUNDRED-AND-TEN YEARS IN PRISON.