With the trial of disgraced FTX founder Sam Bankman-Fried set to begin next week, "SBF" could join the ranks of notorious hucksters Charles Ponzi and Bernie Madoff if convicted. But neither Ponzi nor Madoff ever operated on such a massive scale.
The crypto exchange Bankman-Fried cofounded in 2019 was worth a whopping $32 billion at its peak and his personal net worth was once an estimated $16 billion—before it all came crashing down. Those stratospheric figures make his impending trial one of the most closely watched in the history of financial crime. (He still maintains he is innocent.)
