Sam Bankman-Fried found guilty on all 7 charges in FTX fraud trial

Former FTX CEO Sam bankman freed was Found guilty of all seven charges by a Jury in his criminal trial in New York After about 4 hours of deliberations he Will return to court for sentencing by New York District Judge Lewis Kaplan on March 28th 2024 bankman Freeds crimes Each carry a maximum sentence of between 5 and 20 years in prison with the wire Fraud wire fraud conspiracy and moneya Laundering conspiracy carrying a maximum 20year sentence New York southern District us attorney Damen Williams Called bankman Freed's crimes a Multi-billion dollar scheme designed to Make him the king of crypto and one of The biggest Financial frauds in American History bankman Freed's attorney Mark Cohen said in a statement we respect the Jury's decision but we are very Disappointed with the result Mr bankman Freed maintains his innocence and will Continue to vigorously fight the charges Against him for all the latest crypto News and updates subscribe to the Official coin Telegraph YouTube channel

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