NEW YORK (AP) — A New York jury has convicted FTX founder Sam Bankman-Fried of fraud charges. The 31-year-old California man was convicted Thursday in Manhattan federal court by jurors who rejected his testimony that he didn’t defraud customers.
Bankman-Fried has been jailed since August, when a judge concluded he’d tried to influence prospective trial witnesses. He was extradited to the United States last December from the Bahamas, where he had operated the FTX cryptocurrency exchange and a hedge fund, among other businesses.
(Copyright 2023 WBAP/KLIF 24/7 News. This Report Contains Material From The Associated Press.)
