After playing a key role in securing Sam Bankman-Fried’s conviction, three former members of his inner circle must now await their fate on fraud charges related to the multi-billion dollar collapse FTX.
Caroline Ellison, Nishad Singh and Gary Wang admitted their roles in defrauding customers and clients of FTX, a cryptocurrency exchange, and its sister company Alameda Research of an estimated $8 billion and are due to be sentenced in the coming months.
All three of the former crypto executives provided damning testimony at Bankman-Fried’s trial in return for leniency.
