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FTX, 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.
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.
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 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 Co-Founder Gary Wang Dodges Serious Jail Time, Gets Lenient Sentence
Gary Wang received time served and three years of supervised release. Wang’s early cooperation and testimony against Sam Bankman-Fried were critical in securing leniency. The
SBF’s ex-deputy Gary Wang avoids prison over FTX fraud, admits taking ‘cowardly path’
Former cryptocurrency executive Gary Wang, who wrote the computer code that helped FTX founder Sam Bankman-Fried steal about $8 billion from customers of the now-bankrupt exchange, was spared prison time by a judge on Wednesday.
Former FTX CTO Gary Wang Is Not Getting a Prison Sentence Despite Colleagues Facing Incarceration
Wang was spared incarceration for his massive help in testifying against FTX's founder and former CEO, following the conviction and sentencing of Bankman-Fried and Caroline Ellison.
Ex-Bankman-Fried Ally Gary Wang Avoids Prison Over FTX Fraud
FTX co-founder Gary Wang has been spared from prison over his role in the multibillion dollar fraud at the cryptocurrency exchange after prosecutors praised his early cooperation in the case.
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.
Bankman-Fried's ex-deputy Wang avoids prison time over crypto fraud
Former cryptocurrency executive Gary Wang, who unwittingly wrote the computer code that helped FTX founder Sam Bankman-Fried steal about $8 billion from customers of the now-bankrupt exchange, was spared prison time by a judge on Wednesday.
Former FTX Executive Gary Wang Dodges Prison Time
Gary Wang, FTX’s former chief technology officer, avoided prison time for his role in one of the largest financial crimes in U.S. history, with a federal judge lauding the defendant at his sentencing Wednesday for aiding prosecutors in the case.
3d
'A World of Credit': Ex-FTX Executive Gary Wang Sentenced to Time Served Following Cooperation
I’ve never seen anything quite like what happened here,” U.S. District Court Judge Lewis Kaplan told the defendant, who he ...
Courier-Post
2d
From crypto billionaire to key witness: Cherry Hill East grad evades jail via cooperation
Zixiao “Gary” Wang used his talent as a computer programmer to enable a multibillion-dollar scam at FTX, a crypto trading ...
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