Sam Bankman-Fried, the FTX founder, has been convicted on all seven criminal counts against him, including wire fraud, securities fraud, and money laundering— facing a maximum sentence of 115 years in prison. This landmark case has significant implications for the cryptocurrency industry and sends a clear message about regulatory enforcement in the crypto space. CNBC’s Andrew Ross Sorkin and NBC News’ Stephanie Ruhle react to the guilty verdict.
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‘Sam’s been talking nonstop, and boy has it burned him’: FTX founder faces 115 years in prison
#FTX #SamBankmanFried #Crypto
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