Caroline Ellison

Sam Bankman-Fried’s ex-deputy Gary Wang spared prison time over FTX fraud

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Sam Bankman-Fried’s ex-deputy Gary Wang spared prison time over FTX fraud

Former cryptocurrency executive Gary Wang, who unwittingly wrote the computer code that helped FTX founder Sam Bankman-Fried steal about US$8 billion from customers of the now-bankrupt exchange, was spared prison time by a judge on Wednesday. US District Judge Lewis Kaplan announced he would be imposing no prison time at a hearing in federal court … Read more

Fraudster Sam Bankman-Fried’s Former Girlfriend Sentenced In $11B FTX Collapse

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Fraudster Sam Bankman-Fried’s Former Girlfriend Sentenced In B FTX Collapse

Convicted cryptocurrency fraudster Sam Bankman-Fried’s former girlfriend was sentenced Tuesday to two years in prison for her role in the $11 billion collapse of his FTX exchange and Alameda Research hedge fund. Caroline Ellison, who struck a plea deal with prosecutors and served as the star witness at Bankman-Fried’s trial, grew teary while apologizing in … Read more