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Bankman-Fried's ex-girlfriend and FTX co-founder plead guilty to fraud charges
[NYPOST] The ex-girlfriend of disgraced crypto mogul Sam Bankman-Fried and a co-founder of FTX pleaded guilty to fraud charges in the collapse of the cryptocurrency exchange and are both cooperating with federal prosecutors, officials announced Wednesday night.Caroline Ellison, the former CEO of Bankman-Fried’s crypto hedge fund company Alameda Research, and Gary Want, a co-founder of FTX, pleaded guilty to the criminal offenses before Bankman-Fried landed back in New York to face his own charges, Manhattan US Attorney Damian Williams said in a Wednesday night statement. The charges filed against the pair were "in connection with their roles in the frauds that contributed to FTX’s collapse," Williams said. "Both Ms. Ellison and Mr. Wang have plead guilty to those charges and they are both cooperating with the Southern District of New York." News of the charges came after Bahamian authorities handed Bankman-Fried over to FBI custody. He was flown back to New York Wednesday night and will appear in front of a federal judge "as soon as possible," the US attorney said. Related: Caroline Ellison: 2022-12-14 Founder of FTX Crypto Exchange Arrested Caroline Ellison: 2022-11-12 Sam Bankman-Fried's crypto empire ‘was run by a gang of kids in the Bahamas' who all dated each other Posted by: Fred 2022-12-23 |
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