FTX co-founder Gary Wang receives no prison sentence for crypto fraud
Briefly

Kaplan praised Wang for being the first person to cooperate after FTX collapsed in November 2022, sharing information that enable prosecutors to quickly extradite Bankman-Fried.
Wang apologized to customers and investors, stating, 'I'm deeply sorry to all the people hurt by my actions. There were so many things I could have done differently.'
Assistant US attorney Nicolas Roos described Wang's cooperation as heroic, highlighting the importance of his contributions in the recovery of funds for FTX victims.
Bankman-Fried is serving a 25-year prison term for a fraud that misappropriated over $11bn of funds that belonged to customers, investors, and lenders.
Read at www.theguardian.com
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