Bankman-Fried was found guilty on seven charges which carry potential penalties adding up to 110 years in prison, though he is likely to face far less at a sentencing set for March 28
The jury is expected to begin deliberations on Thursday. Founder FTX has been on trial on charges that he defrauded his customers and investors of billions of dollars
Assistant US attorney confronted Bankman-Fried with instances in which he’d promised customers that their assets would be safe and that they could demand those assets to be returned at any time
FTX founder has pleaded not guilty to charges accusing him of diverting billions of dollars from his clients to make risky investments, buy luxury housing, and make large political donations
Bankman-Fried lost the right to remain free on bail when a judge decided two weeks ago that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him
Bankman-Fried, 31, has been free on a $250 million personal recognizance bond since his December extradition from the Bahamas
