Published

FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried

  • Gary Wang, former FTX executive, attended his sentencing for fraud charges but avoided prison due to his cooperation with prosecutors.
  • Wang testified against Sam Bankman-Fried, leading to Bankman-Fried's conviction on various charges.
  • Wang was ordered to forfeit $11 billion, similar to other co-defendants, as stated by Judge Lewis Kaplan.
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  • 63% of the sources are Center
63% Center
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