Sam Bankman-Fried was convicted of multiple fraud charges related to the collapse of FTX and is serving a 25-year prison sentence. He is currently appealing the conviction and sentence.

At the peak of his career during the cryptocurrency boom, Sam Bankman-Fried’s net worth was estimated at $26 billion according to Forbes.

Caroline Ellison was sentenced to two years in prison for her involvement in the fraud.

Yes, Ellison cooperated extensively with prosecutors, meeting with them around 20 times and testifying against Sam Bankman-Fried during his trial.