FTX’s attorney stated that SBF asked the FTX co-founder to create a secret backdoor to enable Alameda to acquire FTX customers’ funds. Almost $65 billion of customers’ funds were transferred from FTX ...
Tag: Wang
Here is how SBF and Gary Wang secretly stole $65 billion from FTX users
The scandal surrounding the SBF has taken yet another turn for the worse. According to reports, the counsel representing FTX, Andrew Dietderich, said in the Delaware bankruptcy court that the notoriou...
Have Gary Wang and Caroline Ellison’s Testimonies Weakened SBF’s Case?
A few days ago, it was revealed that Gary Wang and Caroline Ellison, associates of SBF, had accepted plea bargains and admitted guilt, causing surprise among many. The admission of guilt by a co-consp...
Ellison and Wang admit misleading lenders with Bankman-Fried
FTX trouble begins to clear the air as more accounts come forward with their statements. Caroline Ellison, the former Chief Executive Officer of Alameda Research, pleaded guilty recently, admitting th...
Who is FTX co-founder Gary Wang?
Gary Wang, together with Sam Bankman Fried, co-founded FTX in 2018, succeeding in making it one of the market leaders for buying and selling cryptocurrencies. The company 4 years later would be embro...
SEC Charges Against FTX, Alameda Execs Wang and Ellison Reveal Key Findings, US Regulator Says FTT Is a Security – Bitcoin News
On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO have pleaded guilty to financial fraud charges. The recent charges against Wang and...
Ellison and Wang guilty pleas unsealed as Bankman-Fried granted bail
U.S. prosecutors released more details on the criminal charges that former Alameda Research CEO Caroline Ellison and FTX co-founder and former CTO Gary Wang pled guilty to earlier this week. The...
Here Are Some of the Allegations Against Ellison, Wang
(Bloomberg) — US authorities have alleged that fallen crypto titan Sam Bankman-Fried defrauded investors in his FTX empire, stealing billions of dollars over years for his own benefit. Most Read...
FTX’s Gary Wang and Alameda’s Caroline Ellison plead guilty to DOJ charges
FTX co-founder Gary Wang and former Alameda Research CEO Caroline Ellison have both pleaded guilty to several charges related to their role in the eventual collapse of cryptocurrency exchange FTX. The...
SEC files defrauding charges against Gary Wang & Caroline Ellison
The controversy surrounding FTX has taken a new turn, as the SEC has filed defrauding charges. The Securities and Exchange Commission recently charged the former CEO, Caroline Ellison, and the former ...
Bad news for Bankman-Fried as Ellison and Wang plead guilty
Former chief exec of Alameda Research, Caroline Ellison, has entered a plea deal with the Southern District of New York, along with FTX’s co-founder Gary Wang. Former FTX chief Sam Bankman-Fried has n...
FTX associates Caroline Ellison, Gary Wang plead guilty to criminal charges
Two individuals associated with FTX have pled guilty to criminal charges, according to a statement from the Southern District of New York on Dec. 21. Damian Williams, U.S. attorney for the Southern Di...
FTX Executives Ellison and Wang Were Accused by SEC
Exchange News Alameda Research CEO Caroline Ellison has pleaded guilty to charges related to the FTX collapse. New York announced the charges against Ellison and Wang. U.S. Attorney Damian Williams sa...
Alameda’s Caroline Ellison and FTX’s Gary Wang hit with additional fraud charges
The United States Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have hit former Alameda Research CEO Caroline Ellison and former FTX co-founder Gary Wa...
Caroline Ellison and Gary Wang plead guilty to fraud charges
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to federal fraud charges and are cooperating in the Justice Department’s investigation of the former...
Caroline Ellison, Gary Wang Plead Guilty to Fraud
The co-founder of the bankrupt crypto exchange, Gary Wang, and the former chief executive of Alameda Research, Caroline Ellison, pleaded guilty to federal criminal charges that they helped Sam Bankman...
FTX: Caroline Ellison and Gary Wang join hands with prosecutors
Caroline Ellison and Gray Wang plead guilty to committing fraud that led to FTX’s collapse Both former executives are currently cooperating with the investigation while SBF is en route to the US Sam B...
Caroline Ellison And Gary Wang – SBF’s Wingmen At FTX
The FTX rigmarole continues and this time, two top executives of the disgraced crypto empire have emerged from silence and are now in the custody of the U.S. authorities. Former Alameda Research CEO C...
Alameda’s Caroline Ellison, FTX’s Gary Wang Plead Guilty to DOJ ‘Fraud’ Charges, Also Settle With SEC, CFTC
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to charges tied to FTX’s collapse, U.S. Attorney Damian Williams announced Wednesday night. The U.S. Secu...
FTX Fraud Ringleaders Ellison and Wang Take Guilty Pleas
Two of Sam Bankman-Fried’s top executives have pleaded guilty to federal fraud charges in the ongoing FTX case. Meanwhile, the man himself could appear before a U.S. judge as early as today. Late on W...
FTX founders Bankman-Fried and Wang reportedly detained
According to reports, FTX co-founder Gary Wang is being held under supervision by Bahamian authorities alongside Sam Bankman-Fried (SBF). The pair are also being investigated by the country’s financia...
Who is billionaire FTX co-founder Gary Wang and why is he still committing code?
As the crypto exchange FTX unravelled this month, the spotlight has remained firmly on its CEO, Sam Bankman-Fried, who cultivated a public persona as an altruist while lobbying top regulators and poli...
BYD’s Wang Chuanfu Explains How China’s No. 1 EV Maker Caught Up With Tesla
This story is part of Forbes’ coverage of China’s Richest 2022. See the full list here. BYD’s Success Puts Him No. 11 On China’s 100 Richest With $17.7 Billion Fortune. The Chinese billionaire whose B...
Lenovo Adds HTC Chairwoman Cher Wang To Board Of Directors
Cher Wang, HTC Chairwoman Cher Wang on stage at the Barcelona Mobile World Congress in 2018. (Photo … [+] by Paco Freire/SOPA Images/LightRocket via Getty Images) LightRocket via Getty Images Le...
Tête-à-tête with John Wang, the MD of NEO Ecofund
Today, Team CryptoNewsZ is in an engaging conversation with John Wang, the Head of Neo Ecosystem Growth and Managing Director of Neo Ecofund John is a graduate of Monash University in Australia. Befor...
Jessica Wang Named CEO At Hong Kong Billionaire Vincent Lo’s Flagship Shui On Land
Shui On Land is the developer of Shanghai’s iconic Xintandi nightlife and commercial district. … [+] (Photo by Ryan Pyle/Corbis via Getty Images) Corbis via Getty Images Shui On Land, the ...