Sam Bankman-Fried's conviction on fraud charges on Thursday marks a significant victory for a broader crackdown on white collar crime led by Manhattan's top federal prosecutor, Damian Williams. Upon taking office in late 2021 as the U.S. Attorney for the District of New York, Williams said "rooting out corruption in our financial markets" would be one of his top priorities – a familiar role for an office known as the main enforcer on Wall Street. Williams said in a statement that Bankman-Fried's conviction delivered on that promise, and sends a warning to any fraudster who thinks they are untouchable to "think again, and cut it out."
Read full NASCAR article on Yahoo Sports
Read all NASCAR articles