Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial

FTX collapsed a few 12 months in the past, after a CoinDesk article unearthed that Alameda held a large quantity of FTX’s trade token, FTT, a revelation which, mixed with tweets from Binance CEO Changpeng Zhao, sparked what Bankman-Fried described as a “run on FTX” – finally resulting in FTX, Alameda and the businesses’ numerous subsidiaries to file for chapter.