FTX co-founder testifies he committed crimes with Sam Bankman-Fried
by Victoria Bekiempis in New York from on (#6FAQT)
Gary Wang, who previously pleaded guilty to his role in FTX's downfall, is testifying under a plea agreement
Sam Bankman-Fried's crypto fraud trial gained steam on Thursday when the co-founder of his fallen exchange, Gary Wang, took the stand as a government witness in Manhattan federal court.
His testimony came as the highly anticipated trial entered its third day. Bankman-Fried faces seven counts on fraud and conspiracy charges in relation to the implosion of his crypto exchange FTX and its related hedge fund, Alameda Research.
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