Sam Bankman-Fried found guilty of fraud: FTX founder facing 100 years in prison

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Sam Bankman-Fried found guilty of fraud: FTX founder facing 100 years in prison
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Barnini Chakraborty is the senior investigations reporter at the Washington Examiner. She has previously worked at Fox News as a senior features and politics reporter. She's also worked at Fox Business as a field producer and at Dow Jones. She began her career at the Augusta Chronicle in Georgia.

FTX founder Sam Bankman-Fried was found guilty Thursday of orchestrating one of the biggest frauds in U.S. history and could be sentenced to more than 100 years behind bars.

The government's case against him was much stronger than anticipated and included a parade of his closest confidants who testified that he called the shots and demanded they break the rules too if they wanted to keep getting paid. Wang, Singh, and Ellison, who used to be Bankman-Fried's girlfriend, all pleaded guilty to similar charges and worked with prosecutors in their case against Bankman-Fried.

Ellison, the government's star witness and considered to be Bankman-Fried's closest cohort, testified she had personally shown him several spreadsheets over the course of a year that predicted a crypto crash could wipe out Alameda, which, at the time, was"borrowing" billions of dollars from FTX customers.

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