Sam Bankman-Fried, a 31-year-old former cryptocurrency billionaire, has been found guilty of seven counts of fraud, conspiracy and money laundering in a federal jury in New York City. The charges include two counts of wire fraud conspiracy, two counts of wire fraud, one count of conspiracy to commit money laundering, one count of conspiracy to commit commodities fraud and one count of conspiracy to commit securities fraud. The maximum sentence for all seven counts is up to 95 years in prison.
