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| -Lurid Crime Tales- |
| Sam Bankman-Fried convicted on all charges |
| 2023-11-03 |
| [WND] Daily Caller News Foundation A jury found disgraced cryptocurrency tycoon and Democrat megadonor Sam Bankman-Fried guilty of fraud-related charges on Thursday. Bankman-Fried co-founded and served as CEO of cryptocurrency exchange FTX, which collapsed in November amid allegations the company was mishandling billions in customer funds. The Department of Justice indicted Bankman-Fried on seven fraud and conspiracy-related charges in August, alleging he masterminded a scheme to divert the money to fund campaign contributions, donations to charities and real estate acquisitions. The jury found Bankman-Fried guilty on all seven charges, reaching the verdict after around four hours of deliberations, according to The Messenger. Four of the charges have potential prison sentences of up to 20 years each, but the judge will make the final decision on sentencing. His sentencing is scheduled for March 28, according to The New York Times Related: Sam Bankman-Fried: 2023-09-22 Dem Superlawyer Marc Elias Represents PAC Secretly Funded by SBF Sam Bankman-Fried: 2023-09-20 Suit alleges Sam Bankman Fried’s parents were part of massive FTX scam Sam Bankman-Fried: 2023-08-22 Jonathon Turley - Democrats aren't laughing about the Hunter Biden debacle anymore |
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