A jury has convicted FTX founder Sam Bankman-Fried of defrauding cryptocurrency customers, according to The Associated Press.
NEW YORK, NEW YORK - AUGUST 11: Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court on August 11, 2023 in New York City. Federal prosecutors are asking U.S. District Court Judge Lewis Kaplan to revoke Bankman-Fried's bail and to be jailed until his October criminal trial.
Bankman-Fried was convicted on Thursday by a jury in New York of fraud in a scheme that cheated customers as well as investors of at least $10 billion, according to
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