Top FTX, Alameda execs plead guilty in connection to Bankman-Fried case

Dec 22 2022 by POLITICO - TOP Stories

 

Former FTX and Alameda Research executives Caroline Ellison and Gary Wang have pleaded guilty to criminal charges in connection to a multibillion-dollar fraud allegedly orchestrated by Sam Bankman-Fried through his crypto exchange personal hedge fund, U.S. Attorney Damian Williams announced Wednesday.

Bankman-Fried, who agreed to be extradited from the Bahamas earlier Wednesday, is in FBI custody and is en route from the Bahamas to New York to face charges of wire fraud, money...

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