“Crypto King” Sam Bankman-Fried convicted of $8 billion FTX fraud, faces up to 110 years in prison [TechSpot]

Bankman-Fried was convicted on charges of securities fraud, wire fraud and money laundering, as well as conspiracy to commit wire fraud and securities fraud. The trial began last month, with Bankman-Fried pleading ‘not guilty’ to all the charges. However, a 12-member jury in a Manhattan federal court found him guilty…Read Entire Article