U.S. Attorney for Southern District of New York Damien Williams announces FTX founder Sam Bankman-Fried has been convicted in cryptocurrency fraud.
FTX founder Sam Bankman-Fried was found guilty of stealing from customers in one of the biggest financial frauds on record, cementing his fall from grace.
Bankman-Fried's cryptocurrency exchange FTX imploded last year, falling from being worth an estimated $32 billion to entering bankruptcy in November 2022. Now, Michael Lewis - the author of 'Going Infinite: The Rise and Fall of New Tycoon' - has revealed his biggest fear as he faces more than 100 years in jail
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FTX founder Sam Bankman-Fried found guilty of defrauding cryptocurrency customersSam Bankman-Fried has been found guilty in what prosecutors called 'one of the biggest financial frauds in American history.'
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Demise of Sam Bankman-Fried and his $32 billion cryptocurrency empire was triggered by single tweet...Days before a collapse of FTX and Alameda Research, head of Binance, Changpeng Zhao, announced he would divest from Sam Bankman-Fried's business.
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Demise of Sam Bankman-Fried and his $32 billion cryptocurrency empire was triggered by single tweet...Days before a collapse of FTX and Alameda Research, head of Binance, Changpeng Zhao, announced he would divest from Sam Bankman-Fried's business.
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