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This Guy Made 114 Crypto SCAMS In 1 Month...FTX founder Sam Bankman-Fried has been found guilty on all seven counts of fraud, conspiracy and money laundering following more than two. Sam Bankman-Fried, the tousle-haired mogul who founded the FTX cryptocurrency exchange, was convicted on Thursday of seven charges of fraud. -Fried guilty of defrauding FTX crypto customers out of billions of dollars. The spectacular downfall that shocked the cryptocurrency world is complete after FTX's founder is found guilty of a huge fraud and faces the prospect of the rest of his life in prison.