Sam Bankman-Fried was convicted on all charges in the Department of Justice’s fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which have slammed him with accusations of both securities and digital commodities fraud. Additionally, Bankman-Fried is grappling with a class action lawsuit alongside a list of celebrity FTX endorsers. FTX Boss Sam Bankman-Fried Still Faces Maze of New Legal Hurdles A year to the day after Coindesk lifted the veil on Alameda Research’s balance sheet, Sam Bankman-Fried faced his jury’s unanimous guilty verdict . The onetime cryptocurrency tycoon could spend over a century behind bars, pending the outcome of the Department of Justice’s (DOJ) fraud case. As it stands, his sentencing is set for March 28, 2024, unless there are new developments. The storm of litigation continues for Bankman-Fried with
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