FTX founder & ex-billionaire Sam Bankman-Fried found guilty of fraud

Sam Bankman-Fried, former billionaire and founder of cryptocurrency exchange FTX, has been found guilty of fraud after a month-long trial. He was found guilty on all seven counts of fraud and conspiracy, including stealing billions of dollars from accounts belonging to FTX customers. The verdict comes a year after FTX collapsed, erasing $26 billion from Bankman-Fried's fortune.