Thursday, December 22, 2022

IN THE NEWS - WALLS CLOSING IN: BANKMAN-FRIED'S X GIRLFRIEND & FTX CO-FOUNDER PLEAD GUILTY TO FRAUD CHARGES

Bankman-Fried’s ex-girlfriend and FTX co-founder plead guilty to fraud charges

The ex-girlfriend of disgraced crypto mogul Sam Bankman-Fried and a co-founder of FTX pleaded guilty to fraud charges in the collapse of the cryptocurrency exchange and are both cooperating with federal prosecutors, officials announced Wednesday night.

Caroline Ellison, the former CEO of Bankman-Fried’s crypto hedge fund company Alameda Research, and Gary Wang, a co-founder of FTX, pleaded guilty to the criminal offenses before Bankman-Fried landed in New York to face his own charges, Manhattan US Attorney Damian Williams said in a statement. Read more at ”Bankman-Fried's ex-girlfriend and FTX co-founder plead guilty to fraud charges (nypost.com)

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