{"id":194033,"date":"2023-11-03T07:20:57","date_gmt":"2023-11-03T11:20:57","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=194033"},"modified":"2023-11-03T07:21:15","modified_gmt":"2023-11-03T11:21:15","slug":"disgraced-ftx-founder-former-billionaire-sam-bankman-fried-convicted-of-fraud","status":"publish","type":"post","link":"https:\/\/stateofthenation.co\/?p=194033","title":{"rendered":"

Disgraced FTX founder & former billionaire Sam Bankman-Fried convicted of fraud<\/b><\/h2>"},"content":{"rendered":"

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READ HERE:<\/a><\/strong><\/h3>\n

FTX founder Sam Bankman-Fried has been found guilty on seven counts of fraud and conspiracy linked to his ill-fated cryptocurrency exchange and a related hedge fund.<\/h3>\n

The verdict, delivered on Thursday evening by a New York federal jury, is likely to land the former tycoon a decades-long prison sentence.<\/h3>\n

The one-time billionaire was charged with bilking customers out of some $8 billion and lying to investors.<\/h3>\n
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