He lost $200,000 when FTX imploded last year. He's still waiting to get it back
The crypto mogul Sam Bankman-Fried has been tried and convicted of orchestrating one of the largest financial frauds in history, but little has changed for people who lost billions when FTX collapsed.
Last November, Jake Thacker discovered more than $200,000 of his crypto and cash had gone missing. He'd been counting on it to pay off debts, and to pay taxes on stock he'd sold.
One year later, Thacker's money is still nowhere to be found.
Thacker was caught up in the collapse of cryptocurrency exchange FTX, unable to withdraw what he had stored on the site.
"I went in, looked at where. "Everything was frozen, there were all kinds of error issues. I was definitely in freak-out mode."
