founderexecutive
Gary Wang
Former co-founder of Alameda and FTX
Former co-founder, FTX · Former co-founder, Alameda
Background
Gary Wang is a former co-founder of Alameda and FTX.
Supplemental consent orders entered by a federal court impose a five-year trading ban and an eight-year registration ban on him.
The orders require him to keep cooperating with the Commodity Futures Trading Commission.
Key facts
- Role
- Former Alameda and FTX co-foundersource
- Initial consent order
- Entered Dec. 23, 2022; found liable on the single fraud count charged against himsource
- Trading ban
- Five-year trading bansource
- Registration ban
- Eight-year registration bansource
- Forfeiture order in criminal actions
- $11.020 billion, for which he and Caroline Ellison were jointly and severally liablesource
- Monetary relief
- Not seeking restitution, disgorgement, and/or civil monetary penalties at this timesource
WYDE coverage of Gary Wang
Sources
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