These crypto leaders had it all, but that couldn’t stop them from going to jail.
The cryptocurrency industry attracts a large amount of money, and with it, a fair share of fraudsters, scammers and ne’er-do-wells.
Many ascended to fame and fortune before the law caught up with them, while others fought their cases in court or simply fled.
There are also those who have been prosecuted but maintain their innocence, stating that they fell afoul of ignorant regulators who willfully misinterpreted their actions as malicious.
Here are seven notable figures in crypto who swapped dinner suits for jumpsuits… and one who got away.
Not so long ago, Sam Bankman-Fried was the golden boy of crypto. His face was on the front cover of Forbes and Fortune magazines; he rubbed shoulders with the rich and famous and was politically well-connected.
As CEO of FTX, a crypto exchange valued at $32 billion, Bankman-Fried had both status and power.
