FTX Executives Ellison and Wang Were Accused by SEC

FTX
  • 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 said on December 21 that FTX Co-founder and former CTO Gary Wang and former Alameda Research CEO Caroline Ellison. And they have pleaded guilty to charges related to the collapse. And both are collaborating with the law, according to Williams. The SEC stated in a separate action that they were both charged with misleading FTX investors. And have reached a settlement with the SEC.