FTX founder Sam Bankman-Fried receives a 25-year prison sentence for fraud and conspiracy, marking a dramatic downfall from his status as a crypto billionaire.
Tesla CEO Elon Musk's net worth has dropped by $20 Billion dollars since hosting SNL last weekend, this came after the billionaire announced that Tesla would no longer accept Bitcoin as payment.
Matthew Mellon, the heir to a money management firm and an early supporter of the cryptocurrency Ripple, died at the age of 53. Mellon passed away in a rehab facility in Mexico after battling a lifelong addiction to drugs.
In an effort to explain a difficult topic, late-night host John Oliver turned to Keegan-Michael Key. The comedian delivered a Bitcoin-themed rap to advise so-called "crypto-bros" to be careful investing in the online currency.
