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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

Medley Management and Former Co-CEOs to Pay $10 Million Penalty for Misleading Investors and Clients

The Securities and Exchange Commission today charged publicly-traded asset manager Medley Management and its former co-CEOs, Brook B. Taube and Seth B. Taube, with making misrepresentations to investors and clients that created the illusion of Medley’s likely future growth.
New York United States Lee Greenwood Karen Willenken William Uptegrove Alistaire Bambach

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SEC: Medley Management And Former Co-CEOs To Pay $10 Million Penalty For Misleading Investors And Clients - Settlement Structured To Expedite Payment To Bondholders Through Related Bankruptcy Proceeding

<p><span>The Securities and Exchange Commission today charged publicly-traded asset manager Medley Management and its former co-CEOs, Brook B. Taube and Seth B. Taube, with making misrepresentations to investors and clients that created the illusion of Medley’s likely future growth. The respondents have agreed to settle the SEC’s charges and will collectively pay $10 million in civil penalties.</span></p>
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New York United States Lee Greenwood Karen Willenken William Uptegrove Alistaire Bambach

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