-
FTX's Former Executives Who Testified Against Sam Bankman-Fried Scheduled for Sentencing
Two FTX's former executives who testified against the exchange's founder, Sam Bankman-Fried, have been scheduled for sentencing, Reuters reported. Nishad Singh and Gary Wang, once high-ranking figures within the now-bankrupt cryptocurrency exchange, will soon know their fates. Singh, scheduled for sentencing on October 30, and Wang, on November 20, both pleaded guilty to fraud charges in Manhattan federal court. Their testimonies were important in the case against Bankman-Fried, who was sentenced to 25 years in prison for orchestrating an $8 billion fraud scheme. Prosecutors labeled it one of the largest financial ... (full story)