FTX crypto mogul convicted of fraud, faces max of 110 yrs in jail

Credit: IndiaTimes- Published on November 4, 2023
Sam Bankman-Fried, the founder of FTX cryptocurrency exchange, has been convicted of fraud by a New York jury. The jury found him guilty of stealing at least $10 billion from customers and investors. Bankman-Fried, once worth over $20 billion, is now facing a maximum sentence of 110 years. The conviction is a significant victory...

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