Sam Bankman-Fried guilty for role in FTX fraud

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Friday, November 3, 2023 1/ Sam Bankman-Fried guilty on all counts in $8bn FTX fraud, NY jury rules FTX founder Sam Bankman-Fried was guilty of defrauding customers on his popular cryptocurrency exchange out of billions of dollars, a federal jury concluded on Thursday night.   After four hours of deliberation, the 12-member Manhattan panel convicted Bankman-Fried of two counts of fraud and five counts of conspiracy, Reuters reported.   The executive had pleaded not guilty to the charges against him.   The crypto billionaire was once worth $26bn, and his rapid fall is one of the highest-profile financial scandals in modern US history.   Read the latest here 2/ 12 Democrats join Republicans to strip IRS funding to support Israel White House has said it will veto 'partisan' House proposal 3/ Robert De Niro's assistant was a 'psychotic Single White Female', girlfriend says Tiffany Chen said the employee had an 'imaginary intimacy with the famous actor in fiery testimony 4/  Sunak clashes with Elon Musk as X boss says AI means we won't need to work Tech billionaire also warns of humanoid robots that can 'chase you anywhere' in talk with PM 5/ FBI revisits Idaho home where four college students were murdered The trial involving the deaths has been delayed indefinitely THE BIG QUESTION What do you need to know about Moriah Wilson's murder? Nearly a year and a half after Kaitlin Armstrong made international headlines for allegedly killing her romantic rival and then going on the run for 43 days, her murder trial is underway.   Kaitlin Armstrong, a 35-year-old Texas yoga teacher, has pleaded not guilty to murder in the May 2022 slaying of Wilson, a competitive gravel and mountain bike racer, in what prosecutors say was a jealous rage over a love triangle. Wilson had been shot in the head and chest when she was found at a friend's home before a race that she was among the favourites to win.   Read the full article Watch / Elon Musk warns of humanoid robots that can 'chase you anywhere' NUMBER OF THE DAY £250m Former president Donald Trump's daughter Ivanka Trump lost an appeal to postpone her testimony in her father's $250m civil fraud lawsuit. Read more QUOTE OF THE DAY "She's not awake. There is blood all over her face and the back of her head." Devastated family members of slain professional cyclist Moriah "Mo" Wilson sobbed in a Texas courtroom and at one point walked out as a harrowing 911 call and graphic police body cam footage were played for jurors on the first day of witness testimony. Read more OTHER STORIES YOU MIGHT LIKE  Tupac Shakur murder suspect pleads not guilty after court delays Two students stabbed and three arrested after brawl at LA high school Taylor Tomlinson to take over James Corden's 'Late Late Show' slot The Independent View: We must be wary of the dangers posed by artificial intelligence   The Independent proudly partners with Refuge and the National Domestic Abuse Helpline: 0808 2000 247 Join the conversation or follow us Download the free Independent app Please do not reply directly to this email   You are currently registered to receive The Independent's US Morning Headlines newsletter.   To unsubscribe from The Independent's US Morning Headlines newsletter, or to manage your email preferences please click here.   This e-mail was sent by Independent Digital News and Media Ltd, 14-18 Finsbury Square, London EC2A 1AH. Registered in England and Wales with company number 07320345 Read our privacy notice and cookie policy