Who is Caroline Ellison and FTX co-founder Gary Wang?

Former Alameda Research chief executive Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to criminal charges related to the collapse of crypto exchange FTX, with Ms Ellison facing up to 110 years in prison.

Did Caroline Ellison and Gary Wang plead guilty to fraud?

The revelation that Caroline Ellison and Gary Wang had pleaded guilty to fraud and were working with federal officials probing the collapse of the crypto exchange is an ominous sign for Bankman-Fried. The 30-year-old is facing an eight-count indictment in New York.

Who is Caroline Ellison?

Alameda then used the money for trading, as well as to make personal loans to Bankman-Fried and others. Caroline Ellison, 28, former chief executive of Alameda Research (right), and Gary Wang, 29, cofounder and chief technology officer of FTX, are cooperating in the criminal case building against their former crypto leader.

Did Caroline Ellison want to make a difference?

Caroline Ellison wanted to make a difference. Now she’s facing prison. ‘Crypto winter’ has come. And it’s looking more like an ice age. Manhattan U.S. Attorney Damian Williams said Dec. 21 that Caroline Ellison and Gary Wang, associates of Sam Bankman-Fried, pleaded guilty to fraud charges. (Video: The Washington Post)