05-11-2023 14:00 via theguardian.com

Was crypto on trial with Sam Bankman-Fried?

Binance and Coinbase are under investigation – but bitcoin was trading at highest value in a year as FTX founder convicted of fraudAs the trial of the former crypto star and FTX founder Sam Bankman-Fried began last month, headlines declared cryptocurrency was on trial too.But when Bankman-Fried was found guilty on seven counts of wire fraud and money-laundering conspiracy on Thursday evening, after less than five hours of jury deliberations, bitcoin was trading at its highest price in a ye
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