Tag: crypto tycoon

Former crypto tycoon Sam Bankman-Fried found guilty on all counts at fraud trial

By Thomas URBAIN NEW YORK, Nov 3, 2023 (AFP) – Sam Bankman-Fried, the one-time cryptocurrency golden boy accused by US prosecutors of stealing billions of dollars of his customers’ money, was found guilty on Thursday on all counts, and now faces up to 110 years behind bars. Following five weeks of trial in New York, the jury reached its decision in just five hours. Sentencing for man widely known as “SBF” will take place at […]