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The Daily Wire
Daily Wire
2 Nov 2023
Ryan Saavedra


NextImg:Democrat Megadonor Sam Bankman-Fried Convicted On All Felony Counts, Faces 110+ Years In Prison

Disgraced crypto mogul Sam Bankman-Fried, one of the top donors to the Democrat Party, was convicted on all felony counts Thursday evening in federal court in New York City.

The 31-year-old former billionaire, who founded the FTX cryptocurrency exchange, was convicted following a months long investigation after the company collapsed over night.

He was found guilty of wire fraud on customers of FTX, conspiracy to commit wire fraud on customers of FTX, wire fraud on Alameda Research lenders, conspiracy to commit wire fraud on lenders to Alameda Research, conspiracy to commit securities fraud on investors in FTX, conspiracy to commit commodities fraud on customers of FTX, and conspiracy to commit money laundering.

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