Kaplan praised Wang for being the first person to cooperate after FTX collapsed in November 2022, sharing information that Assistant U.S. Attorney Nicolas Roos said enabled prosecutors to quickly extradite Bankman-Fried from the Bahamas in December 2022.
Gary Wang, FTX co-founder, gets no prison time after cooperating in case against Sam Bankman-Fried
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An important reason for allowing bail was that Bankman-Fried agreed to waive extradition, Roos said.
FTX founder Bankman-Fried allowed $250M bond, house arrest
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