Two of the former allies of Sam Bankman-Fried (SBF) countered him. As the former Alameda Research CEO, Caroline Ellison and the Co-Founder of FTX, Gary Wang, pleaded guilty to criminal charges. These two are also facing civil charges from the Securities and Exchange Commission (SEC).
Official Statement by The U.S. Attorney
The following information is sourced from a recorded statement of the U.S. Attorney for the Southern District of New York, Damian Williams. Mr. Williams said that Ms. Ellison and Mr. Wang are cooperating with prosecutors. Additionally the U.S. Attorney is also anticipated to bring more charges against the other individuals.
Statement of U.S. Attorney Damian Williams on U.S. v. Samuel Bankman-Fried, Caroline Ellison, and Gary Wang pic.twitter.com/u1y4cs3Koz
— US Attorney SDNY (@SDNYnews) December 22, 2022
Meanwhile, he also urged others involved in the collapsed crypto firm, FTX, to come forward before the accused charges might be brought as warning, “our patien
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