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Sam Bankman-Fried, Former Billionaire Crypto King, Found Guilty Of Stealing Billions Of Dollars From Investors, Faces 110 Years In Prison

On Thursday, the founder of crypto exchange FTX, Sam Bankman-Fried, was found guilty of fraud and additional charges. FTX was a cryptocurrency exchange that allowed its users to buy, sell and enter into contracts for crypto coins and tokens.  Jurors found the disgraced crypto financier, 31, guilty of wire fraud, securities fraud and money laundering. The charges stem from his fraudulent activities that involved customers on his FTX crypto exchange and lenders associated with his investment firm, Alameda Research. Bankman-Fried’s attorney, Mark Cohen, told reporters that he maintains his client…