News First | Americas

Sam Bankman-Fried convicted of multi-billion-dollar FTX fraud  

3 November 2023, 12:00 am
1 min read

Reuters was first to report that FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire’s fall from grace.