Yugocean
Valued Contributor
The perpetrators of one of the largest financial frauds in American history, are now in US to face trail. SBF has been extradited to the United States and is now in FBI custody. Gary Wang, co-founder of FTX, and Caroline Ellison, former CEO of Alameda Research, are with the US Securities and Exchange Commission (SEC).
SBF Side
SBF is facing fraud and other lawsuits in the Southern District of New York. Lawyer Damien Williams is fighting the case against him. SBF has denied all the allegations while doing multiple interviews in front of media, he is pleading that it did not commit any fraud, etc., and that it was unable to prevent what happened.
Gary and Caroline Side
Gary and Caroline are taking on responsibility before Sanjay Wadhwa, deputy director of the SEC's enforcement division. Because Caroline's father is superior to SEC chief Gary,.
Now everything depends on their lawyers, how they are going to defend the case.
Now everything depends on their lawyers, how they are going to defend the case.
