FTX Empire, once a crypto giant, collapsed under the weight of financial fraud perpetrated by its disgraced CEO Sam Bankman-Fried. Sentenced to 25 years, Bankman-Fried's actions led to revelations of old-fashioned embezzlement. Now, under new CEO John J. Ray, FTX faces a grim reality, with a U.S. judge sending Bankman-Fried to jail over witness tampering.