Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers
FRIDAY, NOVEMBER 03, 2023
FTX founder Sam Bankman-Fried was found guilty on Thursday of defrauding customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire's fall from grace.