Sam Bankman-Fried is serving 25 years in prison, Caroline Ellison has a reduced 2-year sentence, and Do Kwon awaits a trial in 2026 for his company’s collapse. Alex Mashinsky is serving 12 years after defrauding investors, with his firm undergoing restructuring.
The 2022 crypto winter devastated the industry, resulting in billions lost, regulatory scrutiny, and criminal charges against several individuals. The fallout continues to affect the crypto market, with some figures still entangled in legal battles.
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