Crypto Assets pro

1. Sam Bankman-Fried (SBF) — Founder of FTX
At its peak, his net worth was about $26 billion. In November 2022, FTX collapsed and filed for bankruptcy, causing his wealth to plummet by 94% and go to zero in one day. He was charged with seven felonies by U.S. prosecutors, and in November 2023, all charges were upheld, facing a maximum of 110 years in prison, with customer losses exceeding $8 billion.
2. Do Kwon (权道亨) — Founder of Terra/LUNA
A Stanford graduate, in May 2022, its algorithmic stablecoin UST de-pegged, and the price of LUNA nearly dropped to zero, with a market value evaporating by over $40 billion, causing heavy losses for global investors, with around 200,000 people in South Korea losing everything; in August 2025, fraud was admitted, and in December, a 15-year prison sentence was handed down.
3. Su Zhu & Kyle Davies—founders of Three Arrows Capital (3AC)
The peak management scale of the crypto hedge fund exceeded 10 billion dollars. In 2022, due to the collapse of LUNA and high leverage liquidation, it filed for bankruptcy in multiple countries, assets were frozen, the founder went missing for a time, and ultimately wealth was wiped out and the career completely collapsed.
4. Alex Mashinsky—Founder of Celsius Network
The encryption lending platform Celsius went bankrupt during the "crypto winter" in 2022, resulting in user losses exceeding $4.7 billion; he was sued for fraud, his personal wealth became zero, and he faces criminal charges, having once been restricted from leaving the country.
5. Aiden Pleterski—Canada's "Crypto King"
At the age of 26, he considered himself the "king of Crypto Assets," using funds to purchase luxury houses, luxury cars, and private jets. In August 2022, he was declared bankrupt by the court, his assets were frozen, and he was suspected of misappropriating investors' funds, ultimately ending in disgrace and with nothing.

The commonality of these cases is: high leverage, misappropriation of funds, unanchored financial innovation, lack of risk control, ultimately triggering liquidity crises and legal accountability.

Do you need me to organize the key timelines, trigger points for the explosion, and final accountability results of these cases into a one-page quick reference table for you to compare quickly?