Gary Wang faced up to 50 years in prison before plea deal and is still not guaranteed leniency

Gary Wang, co-founder and former CTO of FTX, appeared as a witness for the prosecution in the criminal trial of his fellow co-founder Sam Bankman-Fried on Oct. 6. One fact that emerged during testimony concerns a December 2022 plea deal in which Wang pleaded guilty. In Bloomberg’s account of…

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