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FTX co-founder avoids prison
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 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.
FTX CTO Gary Wang avoids prison time
Gary Wang, former FTX chief technical officer, was spared prison time by U.S. District Judge Lewis Kaplan today. Judge Kaplan praised Wang’s cooperation with federal authorities. Wang testified against former FTX founder and CEO Sam Bankman-Fried at his trial last fall.
Yahoo
3d
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 ...
3d
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 ...
3d
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 ...
Internet of People
2d
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 ...
Opinion
9d
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 ...
2d
FTX Sets Spring 2025 Target for Paying Back Customers, Creditors
FTX currently expects the plan to be effective in early January. The first distribution to claim holders will be made within 60 days after that. Former FTX customers have been hoping to get their ...
Crypto News Flash
2d
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.
2d
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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Gary Wang
Sam Bankman-Fried
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