Two of FTX founder Sam Bankman-Fried’s colleagues have pleaded guilty to fraud-related charges in connection with the collapse of the cryptocurrency exchange, according to United States authorities.
FTX co-founder Gary Wang, and the former chief executive of Alameda Research, Caroline Ellison, admitted to the charges and have agreed to cooperate with authorities in their ongoing investigations, the US attorney for New York’s Southern District, Damian Williams, said in a statement late on Wednesday.
