Caroline Ellison and Gary Wang charged with defrauding investors by SEC
cryptoblurt.substack.com
The Securities and Exchange Commission (SEC) has filed a complaint against Caroline Ellison, former CEO of Alameda Research, and Zixiao (Gary) Wang, former CTO of FTX Trading, accusing them of defrauding equity investors in FTX Trading through a scheme that took place between 2019 and 2022. The scheme allegedly involved the manipulation of the price of FTT, a crypto security token issued by FTX, through the purchase of large quantities on the open market.
Caroline Ellison and Gary Wang charged with defrauding investors by SEC
Caroline Ellison and Gary Wang charged with…
Caroline Ellison and Gary Wang charged with defrauding investors by SEC
The Securities and Exchange Commission (SEC) has filed a complaint against Caroline Ellison, former CEO of Alameda Research, and Zixiao (Gary) Wang, former CTO of FTX Trading, accusing them of defrauding equity investors in FTX Trading through a scheme that took place between 2019 and 2022. The scheme allegedly involved the manipulation of the price of FTT, a crypto security token issued by FTX, through the purchase of large quantities on the open market.