FTX’s Gary Wang avoids jail, gifts feds fraud detection tool

Quick Summary:

Unlike his fallen FTX comrades, Gary Wang's decision to take the "cowardly path" resulted in him avoiding jail time and even earning praises from the feds for building a useful tool against fraud.

The post FTX’s Gary Wang avoids jail, gifts feds fraud detection tool appeared first on CoinGeek.

The SDNY praised Wang’s willingness to expose SBF’s lies about how much the latter understood of the technical ‘backdoors’ that Wang had built between FTX and Alameda.

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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets: CanadaChina

Topics: Gary Wang Nishad Singh Business United States Sam Bankman-Fried Caroline Ellison FTX Crypto Crime Cartel Fraud Alameda Research Ryan Salame

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 12:00:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1308 words

Reading Time: 8 minutes read

Sentences: 49 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23765505

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