Apparently, Sam Bankman-Fried has managed to cause economic woes to those willing to invest in nothing but promises. It looked good, I assume, to those wanting to not only beat inflation, they wanted to cheat the odds and make uncommon profit, when such things are beyond being considered risky. Considering how Fried managed to pay off close scrutiny by buying politicians, it's going to take some time before any real punishment will happen. Meanwhile, he's in the Bahamas, where the U.S. government coming to find you might be a life saving action.
Time will tell how this all works out, but to me, it's just more of the same illegal political money laundering so rampant in politics today. Those that really need to be punished are probably those that will investigate and
prosecute exonerate. It is what it is, and ignoring obvious crime seems to be the current theme of politics.