The victims of 's financial crimes could be set to recoup almost all of the $16 billion that was lost when his crypto exchange collapsed - unless the IRS steps in to seize the funds instead. Bankman-Fried, 31, in US history, after it was found he improperly funneled customer deposits from FTX to his hedge fund Alameda Research and to pay for a lavish lifestyle. But while the former billionaire faces up to 115 years behind bars for his moves in and before November 2022, those who lost out big have been in a year-long fight to get back what was stolen.
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