FTX's Gary Wang & Alameda CEO Caroline Ellison Plead Guilty To Criminal Charges
As former FTX’s CEO Sam Bankman-Fried is on his way to the U.S., his colleagues are cooperating with the investigation against them. Earlier today, U.S. Attorney Damian Williams announced that the FTX co-founder Gary Wang and the ex-CEO of Alameda Research, Caroline Ellison pleaded guilty in the Southern District of New York. Statement of U.S. Attorney Damian Williams on U.S. v. Samuel Bankman-Fried, Caroline Ellison, and Gary Wang pic.twitter.com/u1y4cs3Koz — US Attorney SDNY (@SDNYnews) December 22, 2022 Elaborating on the latest development, Attorney Williams said, “Let me reiterate a call that I made last week. If you participated in misconduct at FTX or Alameda, now is the time to get ahead of it. We are moving quickly, and our patience is not eternal.” Ellison reportedly pleaded guilty to seven counts: conspiracy to commit wire fraud on customers of FTX , wire fraud on customers of FTX , conspiracy to commit wire fraud on lenders of Alameda R...