Economy

Sam Bankman-Fried could face years in prison for FTX collapse

By Zach Halaschak
Published December 6, 2022 5:09pm ET
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Sam Bankman-Fried could face years in prison for FTX collapse
Sam Bankman-Fried, founder and CEO of FTX, testifies during a House Financial Services Committee hearing on Wednesday, December 8, 2021. | (Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images)

FTX founder Sam Bankman-Fried could end up behind bars for years, although much needs to happen first as federal entities probe the company’s spectacular collapse.

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Cryptocurrency FTX Law