Sam Bankman-Fried Has Been Found Guilty of Fraud

Guilty! On all 7 counts. Sentencing is up next, in a couple months, with the max sentence at 100+ years.

That won’t happen, but his sentence will definitely be double digits.

SBF faces a second trial next March, brought on by the DOJ. 5 more charges, all stemming from actions after the original arrest.


Lesson here is to never do business in the USA as they’ll cart you off to prison for farting.


A bit more than farting on his and co’s part, but yes, the US government, and Gensler specifically, has a personal vendetta against the crypto industry.