Brown Statement on Sam Bankman-Fried's Conviction
Press Release
Issues: Finance and Banking
"This verdict is a victory for everyone fighting fraud and scams in crypto. In this trial, we saw how crypto companies like FTX think the law doesn't apply to them, gamble with consumers' money, and lie to the public. Americans continue to lose money every day in crypto scams and frauds. We need to crack down on abuses and can't let the crypto industry write its own rulebook."
Source