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Nov 21 2024FINANCE

FTX Co-Founder Gary Wang Avoids Jail Time, Gets Unsupervised Release

In a surprising turn of events, former FTX executive Gary Wang won't serve any jail time for his role in the crypto exchange's downfall. On Wednesday, a U. S. district judge sentenced him to three years of unsupervised release and time served for four fraud-related counts. The judge, Lewis Kaplan, p

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