Former billionaire and Founder of now-bankrupt crypto firm FTX, Sam Bankman-Fried, has been jailed for 25 years for his role in the massive crypto fraud. A jury found Bankman-Fried, 32, guilty on November 2, 2023 on seven fraud and conspiracy counts stemming from FTX's November 2022 collapse. Prosecutors called it one of the biggest financial frauds in US history.