Associates of Sam Bankman-Fried plead guilty to fraud charges after FTX collapse
by Alex Hern and agencies from Technology | The Guardian on (#673AY)
Carolyn Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX, said to be cooperating with investigators
Two associates of Sam Bankman-Fried have pleaded guilty to criminal charges related to the collapse of the cryptocurrency exchange FTX and are helping investigators with their inquiries.
News of the charges, guilty pleas and the pair's cooperation with the investigation was only announced once the FTX co-founder was on a plane to the US from the Bahamas after he agreed to voluntary extradition to answer to charges tied to his role in the exchange's failure. The aircraft touched down in New York at 10pm local time.
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