Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, has been found guilty on all counts in a trial in New York. Bankman-Fried was accused of stealing billions of dollars from FTX customers in a multibillion-dollar scheme. The jury reached its decision in just five hours after a five-week trial. Bankman-Fried faces up to 110 years behind bars, and sentencing is scheduled for March 28, 2024. The prosecution described the case as one of the biggest financial frauds in American history. Bankman-Fried, known as “SBF,” had quickly risen to prominence in the crypto world, turning FTX into the world’s second-largest exchange platform before its collapse in November 2022.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}