Could regulation have prevented Sam Bankman-Fried’s criminal verdict? By Cointelegraph
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Former FTX CEO Sam Bankman-Fried was found guilty of all seven counts of fraud and conspiracy to commit fraud in the late hours of Nov. 2. The jury delivered its verdict in less than 10 minutes after nearly four hours of deliberation, leaving his parents to fall silent in the crowded courtroom at the Southern District Court of New York.
Over the course of his lengthy trial, my thoughts kept returning to: How did you come to be here? Could all of this harm have been prevented? What can we do to avoid the next FTX?
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Former FTX CEO Sam Bankman-Fried was found guilty of all seven counts of fraud and conspiracy to commit fraud in the late hours of Nov. 2. The jury delivered its verdict in less than 10 minutes after nearly four hours of deliberation, leaving his parents to fall silent in the crowded courtroom at the Southern District Court of New York.
Over the course of his lengthy trial, my thoughts kept returning to: How did you come to be here? Could all of this harm have been prevented? What can we do to avoid the next FTX?
Continue Reading on Cointelegraph
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