did you know that ftx deposits were used to pay off at alley ma creditors. reporter: ftx customers alone were defrauded over $8 billion according to federal authorities. are you worried about going to jail? there are a lot of things that are worrying me right now. let whatever, you know, regulatory and legal processes play out as they will. reporter: the 30-year-old once celebrated as the poster child for transparency in crypto. his company valued at $32 billion earlier this year, attracting amateur investors and partners with celebs like steph curry and tom brady. but imploding nearly a month ago, with ftx filing for bankruptcy and bankman-fried stepping down as ceo. this is just taking money from customers and using it if your own purpose. not sophisticated at all. a lot more to this story to come.