Its former CEO, Sam Bankman-Fried, faces eight charges in New York related to the stock market collapse. When the fiasco occurred, Bankman-Fried went from being a high-flying industry booster to a worldwide notorious crook.

Even now, he maintains that the misuse of client funds was the result of mismanagement rather than criminal behavior.

Former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang have already pleaded guilty to federal charges. They are cooperating with prosecutors.

#FTX #SamBankman-Fried #CarolineEllison #GaryWang