Two More FTX Associates Plead Guilty

Two more associates of FTX founder Sam Bankman-Fried have pleaded guilty to criminal charges.

  • FTX co-founder Gary Wang and former Alameda Research CEO Carolyn Ellison have both entered guilty pleas for "their roles in the fraud that contributed to FTX's collapse", prosecutors say.
  • Both have agreed to cooperate with investigators in exchange for 'leniency at sentencing', according to court documents.
  • Bankman-Fried was extradited from the Bahamas to the U.S. on Wednesday.

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