[TheDefiant]
Sam Bankman-Fried, the co-founder and former CEO of FTX and Alameda Research, was found guilty of all charges including wire fraud, securities fraud, and money laundering.
The crimes culminated in the collapse of FTX and Alameda Research last November, revealing the mishandling and embezzlement of billions in customer assets. Bankman-Fried could face up to 115 years in prison.
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