Former FTX CTO Gary Wang Requests Leniency in Fraud Case ⚖️
Gary Wang, former CTO and co-founder of FTX, is requesting leniency ahead of his sentencing scheduled for November 20. He is asking for no prison time due to his early cooperation with prosecutors. Wang provided crucial testimony against Sam Bankman-Fried during the investigation.
His lawyer emphasizes Wang's limited role in the fraud compared to other executives such as Caroline Ellison and Nishad Singh. They argue that his cooperation has been vital to the prosecution's case and should be considered in the sentencing.
Additionally, Wang is expecting his first child shortly after the sentencing date, which is presented as an argument for leniency. The U.S. government's stance regarding his sentence has not been fully disclosed.
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