Cryptocurrency guru Sam Bankman-Fried has been found guilty of fraud, money laundering, and more.

A 12-member New York jury convicted the 31-year-old FTX founder on all seven counts of fraud and conspiracy in relation to his role in a scheme that cheated customers and investors of at least $10 billion.

Approximately $9 billion of customers’ and investors’ money went missing in the 2022 collapse of crypto exchange FTX and its affiliated hedge fund Alameda Research.

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