Sam Bankman-Fried, once a leading figure in the crypto world, found guilty on multiple charges. Accusations stemmed from defrauding FTX’s stakeholders and Alameda Research’s lenders. “I made a number of small mistakes and a number of larger mistakes,” said Bankman-Fried in court. FTX’s founder, Sam Bankman-Fried, faces a downfall after being convicted in a monumental fraud trial, sending shockwaves through the crypto community. Verdict Reached After Intense Five-W...
