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Former FTX executive Ryan Salame began his prison sentence at Maryland's medium-security Federal Correctional Institution in Cumberland on October 11.
Former FTX executive Gary Wang, who wrote computer code for Sam Bankman-Fried, was spared prison time on Wednesday after cooperating with prosecutors.
Wang pleaded guilty to four felony counts of fraud and conspiracy. Former FTX CEO Bankman-Fried was sentenced to 25 years in prison last year, a sentence he filed to appeal in September.
Wang was the last FTX executive to be sentenced after Ellison was sentenced to two years in prison in September. Nishad Singh, the former director of engineering at FTX, was also spared prison ...
Gary Wang, FTX's former chief technology officer, will be sentenced next week for his role in the crypto firm's collapse. His efforts may keep him out of prison.
One of the top executives of the collapsed crypto exchange FTX was sentenced to time served on Wednesday by a federal judge in New York.
Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, becoming the fourth ex-employee of the collapsed crypto exchange to be punished.
Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, becoming the fourth ex-employee of the collapsed crypto exchange to be punished.
Ex-FTC Executive Singh Spared Prison for Role in Crypto Fraud The former chief engineer at FTX cooperated extensively with prosecutors in their case against founder Sam Bankman-Fried.
Kaplan last month sentenced Caroline Ellison, Bankman-Fried’s former girlfriend and an executive at FTX’s sister hedge fund Alameda Research, to two years in prison.