One such unethical business example involves Sam Bankman$-$Fried, who established FTX and was considered to be a Crypto king, was convicted and found guilty of committing fraud and bribery upon the bankruptcy of FTX$.$ Bankman$-$Fried along with his FTX and Alameda, has been using unethical illegal practices on their investors, with counts of wire fraud, security fraud and money laundering taken from FTX customers and lenders to its affiliated hedge fund, Alameda Research.