https://techcrunch.com/2023/11/02/sam-bankman-fried-found-guilty-on-all-seven-counts/ > Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty on all seven counts related to fraud and money laundering. > The defendant is “charged with a wide-ranging scheme to misappropriate billions of dollars of customer funds deposited with FTX and mislead investors and lenders to FTX and to Alameda Research,” a release from the U.S. attorney’s office at the Southern District of New York stated.