🚨 Breaking News: FTX Founder Sam Bankman-Fried Found Guilty of Fraud 🚨

A New York jury has found Sam Bankman-Fried, the founder and former CEO of FTX, guilty of defrauding his customers and lenders after a five-week trial. Sentencing is set for March 28, 2023.

Key points:

- Bankman-Fried was arrested last December and charged with multiple counts of fraud against FTX investors, customers, and Alameda Research's lenders.

- His defense team argued that he was an overworked businessman who made mistakes, but did not intentionally defraud anyone.

- FTX collapsed a year ago after a CoinDesk article revealed Alameda held a massive amount of FTX's exchange token, FTT, sparking a "run on FTX" and leading to bankruptcy.

What are your thoughts on this verdict? Share your opinions in the comments section below! 👇