FTX founder and former chief executive officer (CEO) Sam Bankman-Fried has been charged with a number of criminal and financial frauds and may face a cumulative jail term of 115 years. SBF's fall from grace is noteworthy as he was once dubbed the "next Warren Buffet" and ran the third-largest cryptocurrency asset in the world.
At one point, his net worth reached $26.5 billion. But just days after the details of the collapse of FTX came out, most of it vanished. It is being termed one of the biggest financial frauds in history.
With this, SBF joins a long list