Article 6KJEX The rise and fall of Sam Bankman-Fried: an unrepentant ex-mogul faces down decades in prison

The rise and fall of Sam Bankman-Fried: an unrepentant ex-mogul faces down decades in prison

by
Victoria Bekiempis
from Technology | The Guardian on (#6KJEX)

The former CEO of FTX, once a king of cryptocurrency, saw a swift reversal of his fortunes starting in November 2022

In a downtown Manhattan courtroom on the morning of 28 March, tech wunderkind turned fraudster Sam Bankman-Fried, unrepentant even after trial and conviction, will finally learn his fate.

Bankman-Fried, who founded the cryptocurrency exchange FTX, was found guilty on 2 November 2023 of seven counts of wire fraud and conspiracy to launder money.

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