FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers
https://www.eastbaytimes.com/2023/11/02/ftx-founder-sam-bankman-fried-convicted-of-defrauding-cryptocurrency-customers/
By LARRY NEUMEISTER (Associated Press)
NEW YORK (AP) — FTX founder Sam Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president — hit rock bottom Thursday when a New York jury convicted him of fraud for stealing at least $10 billion from customer and investors.