The Fall of FTX: Sam Bankman-Fried's Guilty Verdict

This chapter details the guilty verdict of Sam Bankman-Fried on multiple charges related to the collapse of the cryptocurrency exchange FTX, revealing the misuse of customer funds and the subsequent financial fallout. It discusses the contrasting circumstances of his former wealth and influence against the backdrop of potential sentencing, while also exploring the recovery of funds and regulatory challenges faced by the crypto industry post-collapse. The chapter highlights the evolving landscape of cryptocurrency, suggesting the possibility of a more stable and compliant future.