Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
FTX Co-founder Gary Wang gets no jail in $8 billion fraud
short by Mansi Agarwal / on Thursday, 21 November, 2024
FTX Co-founder Gary Wang has received no prison time for his role in the collapse of the crypto exchange FTX which saw customers lose over $8 billion. Wang was instead sentenced to three years of supervised release because he cooperated with US officials in the case. He had testified against FTX ex-CEO Sam Bankman-Fried, who was jailed for 25 years.
read more at CNBC-TV18