3 Nov 2023

Crypto billionaire Sam Bankman-Fried found guilty of fraud and money laundering

News Correspondent

The man who once ran one of the world’s biggest crypto currency companies has been found guilty of fraud and money laundering.

Former billionaire Sam Bankman-fried was once the face of crypto but was arrested last year after his company FTX went bankrupt. The jury found him guilty of lying to investors and misappropriating billions of dollars from his company.