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Al Jazeera

Crypto on trial, as Sam Bankman-Fried faces fraud charges

Al Jazeera · 2 years ago
Al Jazeera
Al Jazeera
2 years ago

Thirty-one-year-old Sam Bankman-Fried heads to trial in New York in what prosecutors say is one of the largest fraud cases in U.S history. He is accused of misusing money made from his cryptocurrency exchange, FTX, ultimately leading to its collapse.

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Bankman-Fried Guilty

Former FTX co-founder Sam Bankman-Fried has been found guilty of defrauding investors and customers.