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Evening Standard
Evening Standard
World
Tom Davidson

Sam Bankman-Fried: Fallen FTX crypto king faces 115-year sentence for $10billion swindle

Sam Bankman-Fried FTX Damian Williams Lewis Kaplan United States Manhattan Alameda

Fallen cryptocurrency “king” Sam Bankman-Fried faces a jail sentence of up to 115 years after being found guilty of financial fraud totalling $10billion (£8.2billion).

Bankman-Fried, who founded the FTX crypto exchange, was convicted on all seven counts against him with the jury taking less than five hours to reach their verdict.

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