News Snapshot:
Sam Bankman-Fried, also known by the initials SBF, has tumbled from crypto king to convicted fraudster. The founder of the FTX cryptocurrency exchange has just been found guilty of defrauding customers of his cryptocurrency exchange out of billions of dollars. A Manhattan jury convicted him on all seven counts after a month-long trial. FTX collapsed last November, shocking financial markets and wiping out the crypto tycoon's estimated $26bn (£21bn) fortune. But how did the 31-year-old go from such astronomic financial heights to facing the prospect of spending the remainder of his life in prison? His early life Bankman-Fried grew up...
News Timeline:
Track the development of related news across the Internet.
November 3, 2023
07:18
Sam Bankman-Fried found guilty of defrauding FTX customers, investors, and lenders
Source: finance.yahoo.com
October 12, 2023
01:46
Caroline Ellison, star witness in Bankman-Fried trial, recounts living in ‘a constant state of dread’
Source: nbcnews.com
October 11, 2023
05:18
Sam Bankman-Fried directed fraud on FTX customers, Caroline Ellison tells jury
Source: reuters.com
October 6, 2023
05:03
FTX co-founder testifies against Sam Bankman-Fried, saying they committed crimes and lied to public
Source: clickondetroit.com
August 12, 2023
15:43
FTX Founder Sam Bankman-Fried Sent Back to Jail after Bail Revocation
Source: news18.com
June 16, 2023
01:27
With Sam Bankman-Fried looking on, judge seems skeptical of request to reject criminal fraud charges
Source: clickondetroit.com
