Sam Bankman-Fried has been found guilty of all seven charges in his recent trial. The jury deliberated for four and a half hours. Here are the counts, listed by CNN:
Count one: Wire fraud on customers of FTX
Count two: Conspiracy to commit wire fraud on customers of FTX
Count three: Wire fraud on Alameda Research lenders
Count four: Conspiracy to commit wire fraud on lenders to Alameda Research
Count five: Conspiracy to commit securities fraud on investors in FTX
Count six: Conspiracy to commit commodities fraud on customers of FTX
Count seven: Conspiracy to commit money laundering
There are still a few other charges against him that will be addressed in a March 2024 trial.
He (and I think also his convicted co-conspirators Caroline Ellison, Gary Wang, Ryan Salame and Nishad Singh) will be sentenced next March.