5. CZ
Changpeng Zhao, also known by his initials, CZ, was swept up in the wave of crypto crackdowns that have taken place over the last few years. His downfall was sorta buried beneath the news related to FTX and SBF, whose crimes were admittedly much larger and more ridiculous. Last summer, the SEC sued Zhao and Binance, accusing it of securities violations. He subsequently entered a plea deal and pleaded guilty to a single count of money laundering and stepped down as the top executive at Binance. He was also ordered to pay $50 million in fines.
