Crypto boss Sam Bankman-Fried convicted of cheating customers, investors out of at least $10 billion

In this courtroom sketch, FTX founder Sam Bankman-Fried is questioned during his trial in Manhattan federal court, Thursday, Oct. 26, 2023, in New York. (Elizabeth Williams via AP)

In this courtroom sketch, FTX founder Sam Bankman-Fried is questioned during his trial in Manhattan federal court, Thursday, Oct. 26, 2023, in New York. (Elizabeth Williams via AP)

Sam Bankman-Fried, the onetime crypto billionaire, was convicted on Thursday of cheating customers and investors of at least $10 billion.

Bankman-Fried was convicted by a Manhattan jury, who rejected his denial from the witness stand, The Associated Press reported.

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