 Sam Bankman-Fried established a massive shady business empire with crypto exchange FTX, Alameda Research and more than 130 affiliates. Now with the collapse, FTX is facing four civil lawsuits apart from the probes and investigations launched by the government regulators in the US and the Bahamas. The collapse of FTX has also become a nightmare for its partners. Several of its ambassadors and sports partners are now facing legal action for their endorsement of the 