What Bankman-Fried’s Conviction Means for Him, Crypto: QuickTake

When Sam Bankman-Fried was arrested after the implosion of his FTX crypto empire, he insisted he was an honest man who had made a series of calamitous mistakes. A federal jury in New York didn’t buy it and on Nov. 2 found him guilty on all seven counts of fraud and conspiracy. The crypto industry is eager to move on and rehabilitate a reputation tarnished by a succession of business failures. But there are plenty of other crypto entrepreneurs facing accusations of wrongdoing, and the US government appears determined to bring this freewheeling industry to heel.

1. What did Bankman-Fried ...