FTX founder Sam Bankman-Fried arrives at the U.S. Federal Court in New York for a hearing on Feb. 16, 2023. As he awaits trial, the disgraced former CEO is defending himself in the court of public opinion. Timothy A. Clary/AFP via Getty Images hide caption
Former FTX chief executive Sam Bankman-Fried leaves a Manhattan federal court in New York on Jan. 3. The ramifications of the collapse of FTX continue to be felt across the crypto industry. Ed Jones/AFP via Getty Images hide caption
Coinbase is a U.S.-based publicly traded cryptocurrency exchange. Chris Delmas]/AFP via Getty Images hide caption
Former FTX chief executive Sam Bankman-Fried arrives in a Manhattan federal court in New York on Jan. 3. Bankman-Fried pled not guilty to criminal fraud charges related to the spectacular collapse of his crypto exchange. Ed Jones/AFP via Getty Images hide caption
FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his first court appearance in New York. Federal prosecutors have charged him with criminal fraud. Michael M. Santiago/Getty Images hide caption
On Monday, FTX founder Sam Bankman-Fried was arrested by police in the Bahamas at the request of the U.S. government. Mario Duncanson/AFP via Getty Images hide caption
The BlockFi website on a laptop computer arranged in the Brooklyn borough of New York, US, on Nov. 17. BlockFi filed for bankruptcy on Nov 28, 2022. Bloomberg/Bloomberg via Getty Images hide caption
As FTX collapsed in early November, Samuel Bankman-Fried handed over control the cryptocurrency exchange he founded to John J. Ray III, a corporate turnaround specialist. Saul Loeb/AFP via Getty Images hide caption
Sam Bankman-Fried, then FTX's CEO, appeared before the House Financial Services Committee in December 2021. Its chairwoman, Rep. Maxine Waters (D-CA), says she expects him to testify again soon. Alex Wong/Getty Images hide caption
Sam Bankman-Fried, the now-former CEO of FTX, encouraged the cryptocurrency exchange's customers to buy its own cryptocurrency, called the FTX Token. Saul Loeb/AFP via Getty Images hide caption
Signage for the FTX Arena, where the Miami Heat basketball team plays, is visible Saturday in Miami. Sam Bankman-Fried received numerous plaudits as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world's first trillionaire. Now the comments about the 30-year-old aren't so kind. Marta Lavandier/AP hide caption
Kim Kardashian, who is charged with violating federal securities laws, has agreed to pay a $1 million fine to the S.E.C. Angela Weiss/AFP via Getty Images hide caption
