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Crypto king Sam Bankman-Fried convicted of plundering billions in collapse of FTX

Por: MarketWatch Business November 03, 2023

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Despite Bankman-Fried’s claims that he had been uninvolved in day-to-day management of a related investment fund that helped rip a gigantic hole in FTX’s books, the jury agreed with federal prosecutors’ argument that Bankman-Fried had operated a “pyramid of deceit.” His lawyer had countered that his client, now 31, was simply a “math nerd,” who made many mistakes but had never had any criminal intent.  Prosecutors had alleged that... + full article



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