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FTX founder Sam Bankman-Fried's U.S trial explained

Reuters · 2 years ago
Reuters
Reuters
2 years ago

Sam Bankman-Fried is going on trial on fraud charges in New York starting October 3. This comes nearly a year after FTX, the cryptocurrency exchange he founded, collapsed and declared bankruptcy. The 31-year-old is accused of stealing billions of dollars in FTX's customer funds.

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Bankman-Fried Guilty

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