Topic - Gary Wang

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Gary Wang, co-founder and former chief technology officer of FTX Cryptocurrency Derivatives Exchange exits the Manhattan federal court after testifying on Oct. 10, 2023, in New York. (AP Photo/Eduardo Munoz Alvarez, file)

FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried

By Larry Neumeister - Associated Press

FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. Bankman-Fried authorized the illegal use of FTX customers' funds and assets to plug financial gaps at an affiliated hedge fund from the exchange's earliest days, FTX's co-founder Gary Wang told a New York jury on Friday, Oct. 6, 2023, as prosecutors pressed their case that Bankman-Fried was the mastermind behind one of the biggest frauds in U.S. history. (AP Photo/Bebeto Matthews, File)

Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange’s co-founder tells jury

By Ken Sweet and Larry Neumeister - Associated Press