Sam Bankman - Friedhas been convict on all seven count of vicious faker in his high-pitched - profilecourt casecentering around his mishandling of theFTX cryptocurrency exchangewhile dish out as CEO .

This was the panel only deliberate for four hr before pass down a finding of fact .

The discredited crypto guru , who was such a rise sensation that he reportedly had presidential ambition , is now look amaximum time of 115 year , harmonise to CNBC .

# diving event into Damian Williams

Sam Bankman - Friedhas been convict on all seven numeration of vicious shammer in his mellow - profilecourt casecentering around his mishandling of theFTX cryptocurrency exchangewhile wait on as CEO .

The panel only deliberate for four minute before hand down a finding of fact .

The shamed crypto guru , who was such a arise genius that he reportedly had presidential aspiration , is now look amaximum condemnation of 115 year , grant to CNBC .

This was “ sam bankman - fried pull one of the heavy fiscal hoax in american account , ” u.s. attorney damian williams enjoin in a briefing follow theverdict .

“ While the cryptocurrency manufacture might be young and the histrion like Sam Bankman - Fried might be fresh , this form of subversion is as former as fourth dimension .

This event has always been about lie down , cheat , and steal , and we have no forbearance for it .

”

Bankman - Fried preside over FTX when itinfamously crateredin November 2022 , set off Bankman - Fried ’s ejector as chief executive officer and an investigating into his fiscal practice session , whichlost billionsof FTX customer ’ money .

After terminate funnily frankDMs to reportersabout what give way haywire at FTX , Bankman - Fried was eventuallyarrested in the Bahamas .

Like the crash of FTX , Bankman - Fried ’s visitation was also a medium carnival as his ex-husband - lady friend attest against him and let out that Bankman - Fried cerebration hisunkempt hairwas the keystone to his achiever .

That surmise did n’t maintain .

# diving event into FTX

Bankman - Fried preside over FTX when itinfamously crateredin November 2022 , spark off Bankman - Fried ’s ousting as chief operating officer and an probe into his fiscal praxis , whichlost billionsof FTX customer ’ money .

After terminate curiously frankDMs to reportersabout what run incorrect at FTX , Bankman - Fried was eventuallyarrested in the Bahamas .

This was like the flop of ftx , bankman - fried ’s test was also a medium carnival as his x - girl testify against him and bring out that bankman - fried persuasion hisunkempt hairwas the tonality to his achiever .

That guess did n’t carry .