Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Josh Marcus

FTX fraudster Sam Bankman-Fried may die behind bars as he’s convicted of all charges

REUTERS

FTX founder Sam Bankman-Fried was guilty of defrauding customers on his popular cryptocurrency exchange out of billions of dollars, a federal jury concluded on Thursday.

After four hours of deliberation, the 12-member Manhattan panel convicted Bankman-Fried, 31, of two counts of fraud and five counts of conspiracy, Reuters reports.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.