FTX founder Sam Bankman-Fried convicted on fraud charges over cryptocurrency exchange collapse

• Sam Bankman-Fried founded FTX, a major cryptocurrency exchange that collapsed in November 2022 amid allegations of fraud.

• He was convicted on 7 counts of fraud after a high-profile trial featuring testimony from former employees.

• Prosecutors alleged FTX improperly lent billions in customer funds to Bankman-Fried's trading firm, Alameda Research.

• The collapse destroyed billions in customer funds and shattered trust in cryptocurrencies.

• Bankman-Fried faces over 100 years in prison when sentenced on March 28, 2024.