1 year ago
After little than 5 hours of deliberation, the assemblage recovered Sam Bankman-Fried (SBF) blameworthy of each 7 charges levied against him by the U.S. government.
SBF faces much than 100 years successful situation for his relation successful defrauding FTX customers retired of astir $8 cardinal worthy of their funds, chiefly by giving Alameda Research peculiar privileges to get those funds without bounds and walk it recklessly.
The 7 charges against him are ligament fraud and conspiracy to perpetrate ligament fraud against FTX’s customers, ligament fraud and conspiracy to perpetrate ligament fraud against Alameda Research’s lenders, conspiracy to perpetrate securities fraud against FTX’s investors, conspiracy to perpetrate commodities fraud against FTX customers and conspiracy to perpetrate wealth laundering.
More details to follow…
The station SBF recovered blameworthy connected each 7 charges appeared archetypal connected CryptoSlate.
English (US) 