FTX Executives Ellison and Wang Were Accused by SEC

FTX Executives Ellison and Wang Were Accused by SEC

Alameda Research CEO Caroline Ellison has pleaded guilty to charges related to the FTX collapse.
New York announced the charges against Ellison and Wang.
U.S. Attorney Damian Williams said on December 21 that FTX Co-founder and former CTO Gary Wang and former Alameda Research CEO Caroline Ellison. And they have pleaded guilty to charges related to the collapse. And both are collaborating with the law, according to Williams. The SEC stated in a separate action that they were both charged with misleading FTX investors. And have reached a settlement with the SEC.

Statement of U.S. Attorney Damian Williams on U.S. v. Samuel Bankman-Fried, Caroline Ellison, and Gary Wang pic.twitter.com/u1y4cs3Koz
— US Attorney SDNY (@SDNYnews) December 22, 2022

Meanwhile, the Securities and Exchange Commission declared separately. And that it will charge them for their roles in the multi-year scheme to defraud equity investors in FTX.
SEC Filing Against Ellison & Wang 
In the SEC complaint, betw

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