• 11/26/2024

Sam Bankman-Fried convicted of multi-billion-dollar FTX fraud  

Reuters

Reuters was first to report that FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from 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. 

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https://www.reutersagency.com/en/reutersbest/article/sam-bankman-fried-convicted-of-multi-billion-dollar-ftx-fraud/