Crypto Mania

SBF Charged Guilty in All of His Seven Fraud Charges!

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

A jury has found SBF guilty of seven counts of fraud and conspiracy after 15 days of testimony and approximately four and a half hours of deliberations. SBF’s sentencing is scheduled for March 28, 2024, while the defense lawyers are expected to appeal the verdict. The case, which revolved around allegations of fraudulent activity, has been closely watched, and the outcome has widely been seen as a victory for prosecutors. The verdict underscores the importance of transparency and honesty in business dealings and serves as a warning to those who engage in unethical practices. The ramifications of this conviction will no doubt be felt throughout the industry for years to come.

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