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Former FTX CTO
Gary Wang Avoids Prison for Role in Crypto Fraud
FTX co-founder Gary Wang avoided prison time after assisting authorities and testifying in the criminal trial of his former boss, as reported by Inner City Press and Reuters.
At Wednesday's sentencing, a prosecutor described Wang as the "easiest cooperator" they had ever worked with, noting his crucial role in providing valuable information.
New York Judge Lewis Kaplan remarked that he had "never seen anything like this case" and commended Wang for doing the "right thing," according to Inner City Press.