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 FTX

Count two: Conspiracy to commit wire fraud on customers of FTX

Count three: Wire fraud on Alameda Research lenders

Count four: Conspiracy to commit wire fraud on lenders to Alameda Research

Count five: Conspiracy to commit securities fraud on investors in FTX

Count six: Conspiracy to commit commodities fraud on customers of FTX

Count seven: Conspiracy to commit money laundering

There 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 sentenced

next March

.

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