Gary Wang, one of Sam Bankman-Fried’s longtime friends and a key witness at his trial, is set to be sentenced on Nov. 20.
Gary Wang, the co-founder of FTX and the crypto exchange’s former technology chief, asked a federal judge to give him no jail time, arguing he was a key witness who helped put his fellow co-founder Sam Bankman-Fried behind bars.
In a Nov. 6 sentencing memo filed in a Manhattan district court, Wang asked for time served as his “trial testimony was a cornerstone of the Government’s successful case against Bankman-Fried,” who was convicted by a jury and sentenced in April to 25 years in prison.
Wang also argued he “had the most limited role” in the estimated $10 billion fraud on FTX’s customers compared to former Alameda Research CEO Caroline Ellison and FTX engineering director Nishad Singh, who both also took government plea deals and testified against Bankman-Fried.
