FTX founder Sam Bankman-Fried has been found guilty of all seven criminal charges brought against him by a jury of twelve. The question of how long he will remain in prison will now be deliberated by Judge Lewis Kaplan over the next few months. Judge Kaplan is a no-nonsense veteran of the Southern District of…
FTX Founder Sam Bankman-Fried Found Guilty on All Charges A jury has delivered a guilty verdict for Sam Bankman-Fried, founder of FTX, on all seven criminal counts against him. Bankman-Fried now faces a maximum sentence of 115 years in prison. The charges include wire fraud, conspiracy to commit wire fraud, securities fraud, commodities fraud, and…
Former FTX CEO Sam Bankman-Fried, who is currently facing fraud charges in connection with the collapse of a bankrupt cryptocurrency exchange, has been revealed to have donated $50 million to undisclosed politically active groups during the 2022 election cycle. Newly released documents show that Bankman-Fried, his cryptocurrency exchange FTX, and two of his former colleagues…
Nationwide Increase in Scams Targeting Seniors’ Financial Accounts, Reports FBI Senior citizens across the country have become victims of a rising trend in “phantom hacker” scams, which have had a significant impact on their finances. These scams involve fraudulent activities that result in the loss of entire bank accounts, savings, retirement funds, and investments, according…
