The post Where Are the 2022 Crypto Winter Villains Now? appeared on BitcoinEthereumNews.com.

The 2022 crypto winter was arguably the darkest period in crypto history. Billions of dollars in market value evaporated while the entire industry’s future hung by a thread.  Today, many players who contributed to the severe downturn remain imprisoned, await sentencing, or continue to repay their debts. A Teeth-Chattering Winter The infamous crypto winter broke loose due to many factors that began to unfold in early 2022 and intensified throughout the year.  Still reeling from the COVID-19 pandemic, the global economy faced significant challenges, including soaring inflation, rising interest rates, and widespread recession fears. These economic headwinds created a challenging environment for the cryptocurrency market, contributing to its downturn. Beyond these broader economic pressures, specific events within the crypto market intensified the downturn, leading to a widespread crisis across the entire industry. Among the most notable events were the collapse of FTX and Terra-Luna, the Three Arrows Capital default, and the bankruptcy of leading crypto lending platforms. Figured I’d dust off some lesser known facts about SBF given today is his sentencing 🧵 1. In January ’22, Sam market sold $75M of stETH, leading to a massive depeg event which set off the Celsius bankrun and the daisy chain of events that included the blow-up of 3AC pic.twitter.com/BGHem10yhz — Conor (@jconorgrogan) March 28, 2024 These prominent failures and alleged frauds permanently linked several individuals, such as Sam Bankman-Fried, Caroline Ellison, Do Kwon, and Alex Mashinsky, to name a few, with the crypto winter.  Three years later, the crypto industry has achieved a significant recovery, perhaps viewing that challenging era as firmly in the past. Yet, those responsible are still dealing with the repercussions. Where are they now? Sam Bankman-Fried (FTX Exchange) Sam Bankman-Fried (SBF), the founder and former CEO of the FTX exchange, is serving a 25-year sentence in a…

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Filed under: News - @ July 5, 2025 8:28 pm