Despite the collapse of FTX and the downfall of its co-founder Sam Bankman-Fried, investor confidence in the apex cryptocurrency stands strong as the price of Bitcoin (CRYPTO: BTC) has rallied over 60% since his arrest. What Happened: Once a major Democratic donor, a celebrated philanthropist, and billionaire, Bankman-Fried was put in jail after being arrested in the Bahamas on Dec.12, 2022, on wire fraud, securities fraud, and money laundering charges. The collapse of his cryptocurrency exchange FTX and its partner hedge fund Alameda Research in November 2022 was not a usual story of crypto vo…