Former FTX CEO Sam Bankman-Fried Found Guilty Of Fraud
Former FTX CEO Sam Bankman-Fried Found Guilty Of Fraud Sam Bankman-Fried, thedisgraced former CEOof the now-bankrupt cryptocurrency exchange FTX, has been found guilty of fraud. The announcement happened at 7:45 p.m. Eastern Time on November 2 following several hours of jury deliberation, according toCNN. The results arrived nearly a full year afterFTX’s sudden and dramatic downfall, though the case is far from over — Bankman-Fried’s attorney Mark Cohen said in a statement following the verdict that the former CEO “maintains his innocence and will continue to vigorously fight the charges against him....