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2023

FTX Founder Convicted of Defrauding Cryptocurrency Customers

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NEW YORK - FTX founder Sam Bankman-Fried's spectacular rise and fall in the cryptocurrency industry - a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president - hit rock bottom Thursday when a New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.

After the monthlong trial, jurors rejected Ban




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