Former FTX co-founder and ex-chief of hedge fund Alameda Research each pleaded guilty to multiple charges, are cooperating with feds | CNN Business

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Two executives associated with failed crypto exchange FTX pleaded guilty to criminal charges, are cooperating with prosecutors, court records show

Gary Wang, the former co-founder of FTX, and Caroline Ellison, who served as CEO of the hedge fund Alameda Research and was Sam Bankman-Fried’s girlfriend, pleaded guilty to multiple counts for their roles in the fraud scheme that led to the collapse of the crypto-trading platform.

Damian Williams, the US attorney for the Southern District of New York, announced the charges in a video message Wednesday night. In a brief statement he reiterated that the investigation is still ongoing, noting specifically that these new charges in the case are not the last. This is story is developing and will be updated.

 

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Do you think Zelenskij is back in the US to pay back the money that FTX stole and funnelled there?

*cooperating with prosecutors oh boy!

Good. Trump next.

MSM darlings are falling quickly

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