United States v. Bankman-Fried: Difference between revisions - Wikipedia


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The jury began deliberations on November 2 around 3:15&nbsp;p.m.,<ref>{{Cite web |last=Sigalos |first=MacKenzie |date=2023-11-02 |title=Jurors in Sam Bankman-Fried criminal trial begin deliberations |url=https://www.cnbc.com/2023/11/02/jurors-in-sam-bankman-fried-criminal-trial-begin-deliberations.html |access-date=2023-11-02 |publisher=CNBC |archive-date=November 2, 2023 |archive-url=https://web.archive.org/web/20231102223332/https://www.cnbc.com/2023/11/02/jurors-in-sam-bankman-fried-criminal-trial-begin-deliberations.html |url-status=live }}</ref> and ended them after five hours on the same day: Bankman-Fried was found guilty on all charges.<ref>{{Cite news |last1=Yaffe-Bellany |first1=David |last2=Goldstein |first2=Matthew |last3=Moreno |first3=J. Edward |date=2023-11-02 |title=Here's the latest on the trial|url-access=subscription |work=The New York Times |url=https://www.nytimes.com/live/2023/11/02/business/sam-bankman-fried-trial |access-date=2023-11-02 |issn=0362-4331 |archive-date=November 2, 2023 |archive-url=https://web.archive.org/web/20231102234939/https://www.nytimes.com/live/2023/11/02/business/sam-bankman-fried-trial |url-status=live }}</ref>

After the verdict, Attorney General [[Merrick Garland]] stated: "Sam Bankman-Fried thought that he was above the law. Today's verdict proves he was wrong. This case should send a clear message to anyone who tries to hide their crimes behind a shiny new thing they claim no one else is smart enough to understand: the Justice Department will hold you accountable."<ref name="sigalos guilty">{{Cite web |last=Sigalos |first=MacKenzie |date=2023-11-02 |title=Sam Bankman-Fried found guilty on all seven criminal fraud counts |url=https://www.cnbc.com/2023/11/02/sam-bankman-fried-found-guilty-on-all-seven-criminal-fraud-counts.html |archive-url=https://web.archive.org/web/20231102235813/https://www.cnbc.com/2023/11/02/sam-bankman-fried-found-guilty-on-all-seven-criminal-fraud-counts.html |archive-date=2023-11-02 |access-date=2023-11-03 |publisher=[[CNBC]]}}</ref> Bankman-Fried's defense team stated they willwould likely [[appeal]], adding that they intend to "vigorously fight the charges."<ref>{{Cite news |last=Godoy |first=Jody |date=2023-11-03 |title=Explainer: Sam Bankman-Fried's conviction - what's next? |work=Reuters |url=https://www.reuters.com/legal/sam-bankman-frieds-conviction-whats-next-2023-11-03/ |access-date=2023-11-08}}</ref>

A new trial of Bankman-Fried was scheduled to begin on March 11, 2024, at the same court with five counts cited, including [[bank fraud]] and the [[bribery]] of Chinese officials, after the prosecution's request to have some of their charges tried separately was granted in June 2023 by a U.S. judge.<ref name="sigalos guilty"/>