From Fortune:

FTX, a cryptocurrency enterprise, saw its downfall as several key players faced legal consequences for committing one of the largest financial frauds. Sam Bankman-Fried, once destined for greatness, will instead spend decades in prison. His ex-girlfriend, Caroline Ellison, former CEO of his hedge fund, pleaded guilty to seven counts of fraud and awaits sentencing. Gary Wang, former CTO, also faces legal consequences after striking a plea deal. Nishad Singh, another member of the FTX crew, admitted to illegal activities and will await his own sentencing after testifying at Bankman-Fried’s trial.

Ryan Salame, a rising figure at FTX, faces charges for funneling millions to conservative causes and being involved in illegal activities. Amy Wu, who was brought in to head up Bankman-Fried’s venture portfolio, managed to maintain credibility and landed a position at Menlo Ventures despite the company’s collapse. Sam Trabucco, who co-led Alameda Research with Ellison, avoided charges after vanishing from the spotlight following the company’s collapse.

Tiffany Fong, who became popular for her financial struggles with a bankrupt crypto bank, rose to prominence for leaking private documents to the New York Times and becoming a confidant of Bankman-Fried. Lewis Kaplan, the judge overseeing Bankman-Fried’s trial, ran a no-nonsense courtroom and will oversee his second criminal trial in March before deciding his fate. Joe Bankman and Barbara Fried, Stanford law professors, received criticism for enabling and supporting Bankman-Fried’s fraudulent activities and are fighting a lawsuit from the bankrupt FTX estate.

Meanwhile, Michael Lewis, an acclaimed business writer, spent two years chronicling the rise and downfall of FTX and its key players. He released his chronicle as Bankman-Fried’s trial started in October.



Read more: Fast Times at FTX High