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SEC Charges Caroline Ellison And Gary Wang With Defrauding Investors In Crypto Asset Trading Platform FTX

The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading Ltd. (FTX), for their roles in a multiyear scheme to defraud equity investors in FTX, the crypto trading platform co-founded by Samuel Bankman-Fried and Wang. Investigations into other securities law violations and into other entities and persons relating to the alleged misconduct are ongoing.
New York United States Brian Huchro Ladan Stewart Samuel Bankman Sam Bankman

CFTC Charges Alameda CEO And Alameda And FTX Co-Founder With Fraud In Action Against Sam Bankman-Fried And His Companies, Caroline Ellison And Gary Wang Acknowledge Liability

The Commodity Futures Trading Commission today filed fraud charges against Caroline Ellison, Alameda CEO, and Gary Wang, Alameda and FTX Co-Founder, in an amended complaint filed in the U.S. District Court for the Southern District of New York.
New York United States Yusuf Capar Nina Ruvinsky Samuel Bankman Jack Murphy

NEWSMAKER-Who were the key figures at Sam Bankman-Fried's FTX?

He and Bankman-Fried met at a math camp in high school and became college roommates, Bankman-Fried wrote in a now-unavailable FTX blog. Wang worked as a software engineer at Google before co-founding FTX and Alameda, according to an archived webpage for the FTX Future Fund, the company's charitable effort.
Massachusetts Institute Of Technology United States Mount Holyoke College University Of Massachusetts The Bahamas Sam Bankman

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