The Nonlinear Library EA - SBF found guilty on all counts by Fermi-Dirac Distribution
Nov 3, 2023
01:15
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: SBF found guilty on all counts, published by Fermi-Dirac Distribution on November 3, 2023 on The Effective Altruism Forum.
Sam Bankman-Fried has been found guilty of all seven charges in his recent trial. The jury deliberated for three and a half hours. Here are the counts, listed by CNN:
Count one: Wire fraud on customers of FTX
Count two: Conspiracy to commit wire fraud on customers of FTX
Count three: Wire fraud on Alameda Research lenders
Count four: Conspiracy to commit wire fraud on lenders to Alameda Research
Count five: Conspiracy to commit securities fraud on investors in FTX
Count six: Conspiracy to commit commodities fraud on customers of FTX
Count seven: Conspiracy to commit money laundering
There are still a few other charges against him that will be addressed in a March 2024 trial.
He (and I think also his convicted co-conspirators Caroline Ellison, Gary Wang, Ryan Salame and Nishad Singh) will be sentenced
next March
.
Thanks for listening. To help us out with The Nonlinear Library or to learn more, please visit nonlinear.org
Sam Bankman-Fried has been found guilty of all seven charges in his recent trial. The jury deliberated for three and a half hours. Here are the counts, listed by CNN:
Count one: Wire fraud on customers of FTX
Count two: Conspiracy to commit wire fraud on customers of FTX
Count three: Wire fraud on Alameda Research lenders
Count four: Conspiracy to commit wire fraud on lenders to Alameda Research
Count five: Conspiracy to commit securities fraud on investors in FTX
Count six: Conspiracy to commit commodities fraud on customers of FTX
Count seven: Conspiracy to commit money laundering
There are still a few other charges against him that will be addressed in a March 2024 trial.
He (and I think also his convicted co-conspirators Caroline Ellison, Gary Wang, Ryan Salame and Nishad Singh) will be sentenced
next March
.
Thanks for listening. To help us out with The Nonlinear Library or to learn more, please visit nonlinear.org