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FTX, Gary Wang
Former FTX CTO Gary Wang Won’t Have to Serve Prison Time, Judge Rules
FTX
co-founder Gary Wang, center, near the federal courthouse in Manhattan as he was set to testify again on Oct. 10, 2023 (Victor Chen/CoinDesk) Gary Wang, the former chief technology officer at
FTX
, was spared prison time by a judge on Wednesday.
Former FTX executive Gary Wang spared prison time for role in crypto fraud
Former FTX executive Gary Wang, who wrote computer code for Sam Bankman-Fried, was spared prison time on Wednesday after cooperating with prosecutors.
FTX co-founder Gary Wang gets no prison time after testifying against Sam Bankman-Fried
Gary Wang, one of the FTX co-founders who pleaded guilty to massive fraud, was sentenced to time served after testifying against Sam Bankman-Fried.
FTX co-founder Gary Wang dodges prison time, earns praise for cooperation
Wang is the fifth FTX executive who has faced sentencing in relation to the high-profile collapse of FTX in 2022. Bankman-Fried is currently serving a 25-year sentence in federal prison.
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.
FTX Co-Founder Avoids Prison After Cooperating in Sam Bankman-Fried Case
Gary Wang, the former chief technology officer of cryptocurrency exchange FTX, avoided prison time on Wednesday after cooperating with federal prosecutors in the high-profile case against FTX founder Sam Bankman-Fried.
FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried
An apologetic FTX co-founder has been sentenced to no time in prison after a prosecutor and a judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud.
FTX executive and co-founder Gary Wang gets no jail time for role in crypto collapse
FTX co-founder Gary Wang skirted prison time unlike his counterparts for fraud charges related to the collapse of the cryptocurrency exchange.
FTX CTO Gary Wang avoids prison time
Wang pleaded guilty to four felony counts of fraud and conspiracy. Former FTX CEO Bankman-Fried was sentenced to 25 years in prison last year, a sentence he filed to appeal in Sep
Gary Wang spared jail time by Judge for his role in FTX’s collapse
Gary Wang, co-founder of FTX, walked out of a Manhattan courtroom on Wednesday with a sentence of time served, dodging prison time for his part in the collapse of the crypto giant. U.S. District Judge Lewis A.
23h
on MSN
FTX executives face sentencing for multibillion dollar fraud
CNBC's MacKenzie Sigalos reports on the sentencing of FTX's Caroline Ellison from outside the courthouse. Theaters issuing ...
11d
FTX is suing super PACs and dark-money groups to claw back over $38 million in political giving
Lawyers for FTX are trying to claw back money for creditors, seeking $38 million paid to PACs and political nonprofits ahead ...
Opinion
10d
on MSN
Opinion
Column: Suing to recover billions, FTX’s receiver discloses the stunning scale of its grift — and stupidity
A blizzard of lawsuits filed by its receiver reveals that the once-high-flying crypto firm FTX was even more crooked and dumb ...
Internet of People
3d
The FTX estate plans to start distributions by March 2025
FTX plans to start distributing $16 billion to creditors by March 2025. Distributions will begin 60 days after the Chapter 11 ...
10d
Ex-FTX Tech Chief Builds Fraud Detection Tool for Prosecutors
Gary Wang, FTX's former chief technology officer, will be sentenced next week for his role in the crypto firm's collapse. His ...
Crypto News Flash
3d
FTX Creditors Await Resolution as Reorganization Resumes in January 2025
FTX will begin distributing funds to creditors in January 2025, with a court-approved plan to pay out over $6.6 billion.
3d
Solana breaks all-time high on Coinbase, 2 years after FTX catastrophe
Solana is one of the best-performing crypto assets today with its price breaching its all-time high set in November 2021.
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