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

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