We've all seen famous people fall from grace. 31 year old Sam Bankman-Fried may be falling the furthest of any of them.
He's the guy who got in way over his head and allegedly stole billions of dollars from his crypto customers by using it to buy luxury property in the Bahamas, to pay millions of dollars to politicians, and to prop up his failing hedge fund.
His girlfriend at the time ran the fund and now she, along with a couple of Sam's long time friends, are testifying against him in order to save their own skin. It's a "touchy" situation to say the least.
It seems they got blinded by "the good life" and even though they had a sense that things were going down hill fast, they ignored the writing on the wall until it was too late.
Bankman-Fried went from being worth $11 billion to being penniless practically overnight.
Now he's facing life in prison.
We all do dumb things now and then so I kind of feel sorry for him....but then again not.
