NYC jury finds Sam Bankman-Fried guilty on all charges in cryptocurrency fraud trial

A jury unanimously found the former golden boy of cryptocurrency, Sam Bankman-Fried, guilty on all counts on Thursday.

Culminating his stunning fall from grace, he was convicted of wire fraud, conspiracy and money laundering targeting the customers, investors and lenders of Bankman-Fried’s companies, FTX and Alameda Research.

He faces over a century in prison after pleading not guilty to all seven charges earlier this year.

The verdict, delivered by a jury of three men and nine women, marks the end of a monthlong trial during which prosecutors presented a mountain of evidence that included detailed spreadsheets, pictures of Bankman-Fried with celebrities and ex-presidents, diary entries and screenshots of Signal group chats.

As the judge read the verdict, Bankman-Fried appeared emotional, standing still with his hands clasped his hands in front of him.