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FTX Co-founder Gary Wang gets no jail in $8 billion fraud
short by Mansi Agarwal / on 21 Nov 2024,Thursday
FTX Co-founder Gary Wang has received no prison time for his role in the collapse of the crypto exchange FTX which saw customers lose over $8 billion. Wang was instead sentenced to three years of supervised release because he cooperated with US officials in the case. He had testified against FTX ex-CEO Sam Bankman-Fried, who was jailed for 25 years.
short by Mansi Agarwal / 07:56 pm on 21 Nov
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