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Press Release

Attorney General Merrick B. Garland Statement on Guilty Verdict in Jury Trial of Sam Bankman-Fried

For Immediate Release
Office of Public Affairs

The Justice Department issued the following statement from Attorney General Merrick B. Garland on today’s jury conviction in the trial of Sam Bankman-Fried:

“Sam Bankman-Fried thought that he was above the law. Today’s verdict proves he was wrong. This case should send a clear message to anyone who tries to hide their crimes behind a shiny new thing they claim no one else is smart enough to understand: the Justice Department will hold you accountable. I am grateful to the U.S. Attorney’s Office for the Southern District of New York and the FBI for their outstanding work in bringing Mr. Bankman-Fried to justice.”

Updated November 2, 2023

Topic
Financial Fraud
Press Release Number: 23-1,225