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FTX founder found guilty on fraud charges

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FTX founder Sam Bankman-Fried has been found guilty on fraud charges in the first of two criminal trials against the former CEO.

A New York jury found Bankman-Fried defrauded investors, customers and lenders in connection with the collapse of cryptocurrency exchange FTX.

The second criminal trial is scheduled to start in March 2024.

Read more from Fox Business.

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