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FTX co-founder Gary Wang receives no prison sentence for crypto fraud

Prosecutors hailed ‘first FTX cooperator to come in the door’, helping put away Sam Bankman-Fried for decades. An apologetic FTX co-founder was sentenced on Wednesday to no time in prison after a ...

World - The Guardian - 22 hours ago

FTX co-founder Wang avoids prison after assisting in Bankman-Fried case

Crypto exchange’s former chief technology officer credited by judge for swiftly helping prosecutors

Business - Financial Times - Yesterday

FTX co-founder Gary Wang avoids prison time for role in crypto fraud

Gary Wang was the fifth former FTX executive to be handed a punishment for his role in the collapse of the crypto exchange in late 2022.

Business - CNBC - Yesterday

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.

Tech - The New York Times - Yesterday

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 efforts may keep him out of prison.

Business - Inc. - November 14

Binance Co-Founder Changpeng Zhao Is Being Sued for $1.8 Billion by Sam Bankman-Fried’s Failed Crypto Exchange, FTX

The two crypto exchanges have a history of bad blood.

Business - Inc. - November 11

FTX sues Binance and its former CEO for $1.8bn

Collapsed cryptocurrency company says $1.8bn was ‘fraudulently transferred’ to Binance and its executives. The collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng ...

World - The Guardian - November 11

FTX sues Binance and former chief Zhao for $1.8bn

Estate of collapsed crypto exchange files lawsuit alleging 2021 share deal was ‘fraudulent’

Business - Financial Times - November 11

FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion

The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.

Business - CNBC - November 11

FTX fraudster Caroline Ellison reports to Connecticut prison to begin 2-year sentence

Caroline Ellison, who pleaded guilty to fraud charges tied to the collapse of crypto exchange FTX, is beginning her two-year prison sentence.

Business - CNBC - November 7

Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation

Mr. Singh, who was a top executive in Sam Bankman-Fried’s business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.

Business - The New York Times - November 1

FTX's Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud

Nishad Singh was the fourth former FTX executive to be handed a punishment tied to the collapse of the crypto exchange in late 2022.

Business - CNBC - October 30

How FTX’s Young Executives Shattered Their Parents

As their children are sentenced for fraud, the parents of FTX’s top leaders have described their disbelief at how the crypto exchange upended their lives.

Business - The New York Times - October 30

FTX’s engineering chief Nishad Singh spared prison time in fraud case

Coder was one of several members of Sam Bankman-Fried’s inner circle to testify against their former boss at trial

Business - Financial Times - October 30

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