A US judge sentences FTX co-founder Gary Wang to “time served”, meaning no jail time; Wang pleaded guilty in December 2022 to fraud charges after FTX collapsed
- Gary Wang pleaded guilty in December 2022 to fraud-related charges following the collapse of FTX a month earlier.
US filing: FTX co-founder Gary Wang, due for sentencing on November 20, built “tools” to help the US detect potential fraud in the stock and crypto markets
- Prosecutors said the Wang offered ‘outstanding’ cooperation — Much like his former FTX colleagues that became government witnesses …
A US judge sentences former FTX executive Ryan Salame to 7.5 years after he pled guilty to criminal charges over political contributions and more in 2023
But He Can Keep His Porsche X: Ryan Salame / @rsalame7926 : @eigenfxn ... I didn't steal shit, the government and all the cooperating witnesses said I didn't. Ryan Salame / @rsalame7926 : hot damn, th...
A look back at testimony from Caroline Ellison, Gary Wang, and Nishad Singh and SBF's counterclaims, as the jury prepares to deliberate which version to believe
Joshua Oliver / Financial Times :
In five hours of cross-examination, SBF's lawyer did not elicit any revelations or inconsistencies from Caroline Ellison, who said SBF made “terrible mistakes”
because SBF had over $10 billion in assets in FTX equity. Teddy Schleifer / @teddyschleifer : But shortly before 3 p.m., Caroline Ellison left the courtroom. She did not make any eye contact with Sam....
US v. SBF: Caroline Ellison says SBF asked her to make false balance sheets to hide debt, he considered offering FTX shares to the Saudi crown prince, and more
Caroline testified that SBF ordered her to use FTX customer funds to cover up for Alameda's losses — and to lie to lenders about it. She was in a “constant state of dread” about the looming liquidity...
FTX co-founder Gary Wang testifies that Alameda Research had “special privileges” that afforded a $65B line of credit, of which the firm ultimately withdrew $8B
FTX co-founder Gary Wang testifies that Alameda Research had “special privileges” that afforded a $65B line of credit, of which the firm ultimately withdrew $8B
and then lied about it Owotunse Adebayo / Cryptopolitan : FTX co-founder makes shocking revelation at SBF's trial New York Times : New Details About FTX Emerge as Bankman-Fried's Trial Begins Chimaman...
FTX sues Sam Bankman-Fried, Caroline Ellison, Gary Wang, and Nishad Singh for $1B+, alleging they misappropriated funds for “pet projects” before FTX bankruptcy
FTX Trading Ltd on Thursday sued founder Sam Bankman-Fried and other former executives at the cryptocurrency exchange …
FTX sues Sam Bankman-Fried, Gary Wang, and Nishad Singh, claiming the trio knew Alameda was insolvent when acquiring clearing platform Embed for nearly $250M
Colin Wilhelm / The Block :