After a comprehensive five-week trial, the New York jury rendered a verdict on Thursday, finding the former crypto magnate, Sam Bankman-Fried, guilty on all seven charges, including fraud, embezzlement, and criminal conspiracy.
As a consequence, Bankman-Fried potentially confronts a maximum sentence of 110 years in prison.
The prosecution alleged that Sam Bankman-Fried, the founder and overseer of both FTX and its affiliated hedge fund Alameda Research, engaged in the misallocation and…
