Sam Bankman-Fried was found guilty on Nov. 2 of seven counts of fraud for his role in the collapse of cryptocurrency exchange FTX. He faced a slew of charges for stealing billions of dollars from accounts belonging to customers of FTX, which was once one of the most trusted names in crypto. He was found guilty also of defrauding lenders of FTX’s sister company, Alameda Research, which held FTX customer funds in a bank account.

The verdict caps a yearlong saga that saw the 31-year-old go from a billionaire living in a luxury apartment in the Bahamas to a defendant in one of the biggest white-collar crime cases since Bernie Madoff’s Ponzi scheme that fell apart in 2009. Bankman-Fried’s sentencing is set for March 2024.