A jury concluded FTX and Alameda Research cofounder Sam Bankman-Fried is guilty on all seven charges of fraud and conspiracy for his role in the criminally mismanaged crypto empire’s collapse.

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Former cryptocurrency kingpin Sam Bankman-Fried has been found guilty of fraud. He faces decades in prison after being convicted on all seven charges, including wire fraud and conspiracy to commit money laundering.

Sam Bankman-Fried found guilty of fraud