Good morning from the Financial Times. Today is Friday, November 3rd, and this is your

FT news briefing. The founder of FTX has been found guilty. Israel's ground offensive is closing in on a major

stronghold for Hamas and central banks are hitting pause on interest rate increases.

Plus the European Private Equity Group, CVC Capital Partners, is postponing its long anticipated

initial public offering.

I'm Mark Filipino and here's the news you need to start your day. It looks like Sam Bankman-Freed is going to prison. A New York jury found the

crypto tycoon guilty late last night and it only took a few hours of deliberation.

Bankman freed is going to appeal the verdict but it basically wraps up the highest profile

crypto case so far. FTX had an $8 billion hole in its balance sheet before the exchange collapsed last year.

Bankman Freed is facing years in prison over wire fraud charges and conspiracy to commit money laundering, he'll be sentenced on March 28th. Israel is entering Gaza's biggest city and trying to encircle it.

Israel's top military commander described the push into Gaza City as the next

phase of the military's ground offensive.

But allies are calling for a break in the attacks against Hamas.

U.S. President Joe Biden said a pause in the fighting would help free the hostages being

held in Gaza.

U.S. Secretary of State Antony Blinkin is visiting Israel today.

He's expected to relay that message to the country's leaders during his trip. There's been a lot of central bank activity recently and most of the central banks

had the same message overall.

Do not rock the boat.

The Federal Reserve, the Bank of England,

and the European Central Bank all kept interest rates on hold.

And we saw rallies and equities

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