FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried ...Middle East

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FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried
source : News10NBC ( Middle East ) () 68
NEW YORK (AP) — An apologetic FTX co-founder was sentenced Wednesday to no time in prison after a prosecutor and a federal judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud. Gary Wang testified for parts of three day s at Bankman-Fried’s trial last year, explaining his role as FTX’s chief technology officer in a fraud that Judge Lewis A. Kaplan described as one of the two or three biggest in U.S. history. Kaplan praised Wang for being the first person to cooperate after FTX collapsed in November 2022, sharing information that Assistant U.S. Attorney Nicolas Roos said enabled prosecutors to quickly extradite Bankma

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