BREAKING: Sam Bankman-Fried Convicted of All 7 Counts – Sentence Could Be as High as 115 Years in Prison
Disgraced former Billionaire Sam Bankman-Fried has been found guilty on all counts in his high profile fraud criminal trial in New York.
The jury found the former crypto guilty of two counts of wire fraud (misappropriating customers’ deposits) and four counts of conspiracy to commit fraud.
By being found guilty on all counts, SBF faces a maximum sentence of 115 years in prison.
#BREAKING: Sam Bankman-Fried has been found guilty on all seven counts against him. Inner City Press live tweeted it below https://t.co/SXb4Wo2UI8
— Inner City Press (@innercitypress) November 2, 2023
Axios reported:
“Sam Bankman-Fried was found guilty on all seven charges against him,