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Dubai News Club > Tech > Sam Bankman-Fried’s former friends pleaded guilty and are cooperating
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Sam Bankman-Fried’s former friends pleaded guilty and are cooperating

Press Room
Last updated: 2022/12/22
Press Room
Published: December 22, 2022
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Caroline Ellison and Gary Wang, two executives in Sam Bankman-Fried’s fallen crypto empire, have pleaded guilty to federal charges and are cooperating with prosecutors. The news was announced late Wednesday by Damian Williams, the US Attorney for the Southern District of New York.

Williams didn’t specify what charges the two pled to, but said the guilty pleas were in relation to their roles as insiders at FTX and its sister company Alameda Research. Wang was a co-founder of the FTX…

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