Gary Wang, a Top FTX Executive, Is Given No Prison Time
Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.
Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.
The case against the founder of the failed FTX exchange had come to symbolize the excesses of the volatile cryptocurrency industry.
Prosecutors in the criminal fraud case have built the most intricate account to date of the cryptocurrency exchange’s frantic final days.
The FTX founder’s criminal trial has made clear just how much his inner circle has turned against him.
Ms. Ellison is the government’s star witness in the criminal fraud trial of the founder of the FTX crypto exchange. She also delved into her romantic relationship with Mr. Bankman-Fried.
The FTX founder’s uphill court battle starts Tuesday, after he has come to symbolize everything that went wrong with the cryptocurrency industry.
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