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Business Matters: 'Crypto King' Sam Bankman-Fried guilty of FTX fraud

'Crypto King' Sam Bankman-Fried guilty of FTX fraud

03/11/2023 GMT

BBC World Service - Business Matters, 'Crypto King' Sam Bankman-Fried guilty of FTX fraud

Former FTX Chief Executive Sam Bankman-Fried found guilty of fraud and money laundering

Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty fraud and money laundering.

Sam Bankman-Fried, who once ran one of the world's biggest cryptocurrency exchanges, has been found guilty of fraud and money laundering at the end of a month-long trial in New York. We hear the latest reaction from the US and what this will mean for the former 'crypto king' as well as how his empire came crashing down.

Also, the US House of Representatives has voted in favour of sending more than fourteen billion dollars of security aid to Israel.

And we look at why more women are now choosing MBA programs in the US and how they are being supported in various business school.

(Picture: FTX founder Sam Bankman-Fried exits United States Court in New York City, New York in June Credit: Reuters)

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