FTX co-founder avoids prison after cooperating in case against Sam Bankman-Fried

By MarketWatch | Nov 20, 2024 at 01:48 PM EST

FTX co-founder Gary Wang avoided prison time for his cooperation in a cryptocurrency fraud case against Sam Bankman-Fried. Wang's efforts to recover money for victims were praised by a federal judge. Judge Kaplan described the fraud as one of the biggest in U.S. history.

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