Shattered FTX logo
Some small-time investors in FTX say they lost their entire life savings in the 2022 collapse.
  • Prosecutors asked a judge in a sentencing memo to give Sam Bankman-Fried up to 50 years in prison.
  • The memo includes statements from victims who say their lives have been upended by the FTX collapse.
  • One victim said his opportunity to "break the generational poverty" in his family was stolen.

When FTX imploded in 2022, some of the wealthiest individuals who invested in the cryptocurrency exchange platform and attached their names to the company lost millions of dollars.