Last year, a jury in the United States District Court in New York handed down a guilty verdict against the defendant Bankman-Fried, who was accused of fraud and other crimes as the founder of FTX Trading, a major crypto exchange that went bankrupt, and the US media is reporting that the prison sentence may exceed 2 years.
The defendant Bankman-Fried, who was the founder and CEO of FTX Trading, a major crypto asset exchange that went bankrupt in November last year, was charged with seven crimes such as fraud and money laundering = money laundering in New York for misappropriating customer funds.
Bankman-Fried has not pleaded guilty in previous trials, but his former aides have pleaded guilty, and a jury in the United States District Court in New York on Wednesday found the defendant guilty of all seven charges, including fraud and money laundering.
According to FTX's court documents, more than 11 million users are expected to be harmed.
In addition, the sentencing is due to be handed down in March next year, but the US media reports that the prison sentence may exceed 7 years.
Bankman-Fried's lawyer said, "We respect the jury's decision, but we are very disappointed with the outcome.