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EA - SBF found guilty on all counts by Fermi-Dirac Distribution
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 FTXCount two: Conspiracy to commit wire fraud on customers of FTXCount three: Wire fraud on Alameda Research lendersCount four: Conspiracy to commit wire fraud on lenders to Alameda ResearchCount five: Conspiracy to commit securities fraud on investors in FTXCount six: Conspiracy to commit commodities fraud on customers of FTXCount seven: Conspiracy to commit money launderingThere 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 sentencednext March.Thanks for listening. To help us out with The Nonlinear Library or to learn more, please visit nonlinear.org
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