EditorialSam Bankman-Fried, the disgraced founder of the FTX cryptocurrency exchange, departs a federal courthouse in New York, Dec. 22, 2022. (Brittainy Newman/The New York Times)
EditorialFTX founder Sam Bankman-Fried arrives at court in The Bahamas flanked by his Stanford law professor parents and a police escort after being arrested on charges of fraud and money laundering.
EditorialElizabeth Holmes, the founder of Theranos, arrives at a federal courthouse in San Jose, Calif. to face sentencing on Friday, Nov. 18, 2022. (Jim Wilson/The New York Times)
EditorialElizabeth Holmes, founder of the blood-testing startup Theranos, is accompanied by her her partner Billy Evans as she leaves the federal courthouse in San Jose, Calif., on Monday, Oct. 17, 2022. (Jim Wilson/The New York Times)
EditorialManhattan District Attorney Alvin Bragg Jr. delivers remarks about the indictments of six real estate developers in New York on Wednesday, Oct. 19, 2022. (Benjamin Norman/The New York Times)
EditorialVinath Oudomsine bought a $57,000 Pokemon card after receiving a pandemic loan from the Small Business Administration for a nonexistent business. (U.S. Attorney's Office for the Southern District of Georgia via The New York Times)
EditorialElizabeth Holmes, the founder of the blood testing start-up Theranos, and her partner, Billy Evans, depart a federal courthouse in San Jose, Calif., after the first day of Holmes's trial on Sept. 8, 2021. (Mike Kai Chen/The New York Times)
EditorialElizabeth Holmes, the founder of the blood testing start-up Theranos, and her husband, Billy Evans, depart a federal courthouse in San Jose, Calif., after the first day of Holmes's trial on Sept. 8, 2021. (Mike Kai Chen/The New York Times)
EditorialElizabeth Holmes, the founder of the blood testing start-up Theranos, and her husband, Billy Evans, depart a federal courthouse in San Jose, Calif., after the first day of Holmes's trial on Sept. 8, 2021. (Mike Kai Chen/The New York Times)
EditorialSteve Bannon, the former adviser to President Donald Trump who is charged with defrauding donors to a private group that promised to build a southern border wall, leaves federal district court in Manhattan, Aug. 20, 2020. (Jefferson Siegel/The New York Times)
EditorialSteve Bannon, Presi?dent Donal?d Trump?'s forme?r top campa?ign aide and White House adviser, leaves Federal District Court after his arraignment in Manhattan, Aug. 20, 2020. (Jefferson Siegel/The New York Times)
EditorialSteve Bannon, the former adviser to President Donald Trump who is charged with defrauding donors to a private group that promised to build a southern border wall, leaves leaves federal district court in Manhattan, Aug. 20, 2020. (Jefferson Siegel/The New York Times)
EditorialSteve Bannon, a former adviser to President Donald Trump, leaves federal court in Manhattan following his arraignment on Thursday, Aug. 20, 2020. (Jefferson Siegel/The New York Times)
EditorialSteve Bannon, Presi-dent Donal-d Trump-'s forme-r top campa-ign aide and White House adviser, leaves Federal District Court after his arraignment in Manhattan, Aug. 20, 2020. (Jefferson Siegel/The New York Times)