That didn’t take long. The trial of crypto-scammer Sam Bankman-Fried came to a rather dramatic close yesterday after nearly a year of legal wrangling. The jury of nine women and three men was only out for four hours before coming back with guilty verdicts on all seven counts of fraud and conspiracy. SBF has now officially been convicted of stealing a staggering 10 billion dollars from investors, potentially earning him a spot in the Guinness Book of World Records for the biggest heist in history. He won’t be sentenced until the end of March, but when he is he will face up to 110 years in prison. This may bring some closure for the defrauded investors, but many still seem confused as to how he managed to do this and exactly what it was that he did (NY Post)Read More
What’s Next for SBF? Probably a Lot of Prison Time
