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FTX CTO Gary Wang avoids prison time
The former FTX executive avoided jail time due to his cooperation with prosecturos during the
Gary Wang, former FTX chief technical officer, was spared prison time by U.S. District Judge Lewis Kaplan today. Wang testified against former FTX founder and CEO Sam Bankman-Fried at his trial last fall. Caroline Ellison, the former CEO of FTX-affiliated Alameda Research, was sentenced to two years in prison in September.
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