Last week in a Manhattan courtroom, the former golden boy of crypto Sam Bankman-Fried was found guilty of fraud and money laundering.
He is now facing decades in jail after three of his former colleagues pleaded guilty and testified against him. It was a trial that had everything - bahamas mansions, love affairs, alleged foreign bribes and a spectacular fall from grace.“Sam Bankman Fried had positioned himself as the face of crypto regulation..but he turned out to be a fraud,” says technology reporter Jessica Sier. “The irony is that because of this trial SBF may have accidentally revolutionised how crypto is governed.
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