Tag: Gary Wang
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Sam Bankman-Fried pleads guilty to FTX fraud
Reuters reports that Sam Bankman-Fried will plead guilty to the charges against him in the FTX collapse. This will take place on a scheduled court date in early 2023. Everything points to Sam Bankman-Fried running out of options to get free from the FTX debacle. As Reuters reported, the young businessman, who has so far…
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Partners of Sam Bankman-Fried (FTX) plead guilty to fraud and could spend the rest of their lives in prison
Gary Wang, former CTO of FTX, and Caroline Ellison, former CEO of Alameda Research, have pleaded guilty to fraud and are cooperating with the investigation centered on Sam Bankman-Fried. They risk heavy prison sentences. Sam Bankman-Fried, the founder and former CEO of FTX, has been extradited to the United States, where he faces civil and…
