Before crypto #exchange FTX and its founder Sam Bankman-Fried (SBF) got tied down with allegations of #misappropriation of users’ funds, SBF was among the most influential crypto entrepreneurs.

SBF maintains his #innocence in claims relating to the #misappropriation of FTX users’ funds. However, the entrepreneur could face 115 years of jail time if found guilty under the eight counts against him.

Culminating in the #misappropriation of over $100 million from the #platform” in October.

Selling pressure on the tokens came from their close links to disgraced #FTX founder Sam #Bankman-Fried, who faces charges of fraud and #misappropriation of client funds.