Online Chronicle

Online Chronicle

Share this post

Online Chronicle
Online Chronicle
Sam Bankman-Fried found guilty of Fraud
Copy link
Facebook
Email
Notes
More

Sam Bankman-Fried found guilty of Fraud

Within the courtroom surrounding Sam Bankman-Fried's trial, insider testimonies bring forth riveting details of allegations, accusations, and betrayals, shedding light on FTX's sudden downfall.

Jesus Arias's avatar
Jesus Arias
Nov 17, 2023
∙ Paid

Share this post

Online Chronicle
Online Chronicle
Sam Bankman-Fried found guilty of Fraud
Copy link
Facebook
Email
Notes
More
Share
article cover
Anadolu Agency/Getty Images

I. The Meteoric Ascent of SBF and FTX

Sam Bankman-Fried, once celebrated as a billionaire and a prominent figure in the cryptocurrency world, has found himself on the opposite end of the spectrum. The 31-year-old former CEO of FTX, who at one point hobnobbed with celebrities like Tom Brady in the Bahamas, has now been convicted on all seven charges of fraud and conspiracy.

This shocking turn of events marks the downfall of the man behind FTX, a crypto exchange that gained widespread recognition during the pandemic, with its name emblazoned on the Miami Heat's arena and endorsements from A-list celebrities like Larry David and Tom Brady.

FTX, founded by Bankman-Fried in 2019, rose to prominence during the crypto boom, becoming a household name in the industry. The platform's extravagant marketing strategies and Bankman-Fried's advocacy for crypto oversight in Washington, DC, made him a notable figure.

Keep reading with a 7-day free trial

Subscribe to Online Chronicle to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Online Chronicle
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More