When <-bsp-person state=”{“_id”:”0000018b-9709-db85-afab-bf19e9ef0000″,”_type”:”00000160-6f41-dae1-adf0-6ff519590003″}”>Sam Bankman-Fried-bsp-person> was arrested after the implosion of his <-bsp-bb-link state=”{“bbHref”:”bbg://securities/1821506D%20US%20Equity”,”_id”:”0000018b-9709-db85-afab-bf19e9ef0001″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>FTX-bsp-bb-link> 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.
