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Former FTX CTO Gary Wang avoids prison time for role in crypto fraud

Ex-FTX executive Gary Wang, who helped expose Sam Bankman-Fried's $8 billion fraud, spared jail time after cooperating with prosecutors.

Key Takeaways
- Gary Wang avoided prison time due to his cooperation in the case against Sam Bankman-Fried.
- US District Judge Kaplan considered Wang's cooperation and lesser role in the fraud scheme.

Former FTX CTO Gary Wang avoids prison time for role in crypto fraud

Ex-FTX executive Gary Wang, who helped expose Sam Bankman-Fried's $8 billion fraud, spared jail time after cooperating with prosecutors.

Key Takeaways
- Gary Wang avoided prison time due to his cooperation in the case against Sam Bankman-Fried.
- US District Judge Kaplan considered Wang's cooperation and lesser role in the fraud scheme.
https://cryptobriefing.com/gary-wang-avoids-prison-sentencing/