Sam Bankman-Fried Fighting With Robinhood? FTX CTO Gary Wang & Alameda's Caroline Ellison PLEA!
Sam Bankman-Fried, self professed to only have $100,000 to his name, is fighting with the second most scummy trading platform, Robinhood, over a $450 Million stake. Creditors and the current FTX CEO John Ray are trying to get it to pay back the people defrauded, but it's funny how often all these less than reputable characters run in similar circles.
Gary Wang, the former Chief Technical Officer at FTX was charged with a litany of crimes that would have seen him go away for a long time. He agreed to a plea deal and is cooperating with the authorities ahead of trial. How Wang got to know SBF is very interesting; as is his history.
Caroline Ellison, Harry Potter and haram enthusiast, alongside former Alameda Research CEO has also plead out and is cooperating. Her origin story and familial connections are equally interesting to that of Bankman-Fried.
Considering how similar all the charges were amongst the three, it's odd why the plea deals were afforded to the minority and woman. Hopefully SBF and his family have a wonderful holiday season in Northern California... Don't expect anything approximating "justice" in the New Year with this.
Sources:
New York Post 1: https://nypost.com/2022/12/23/sam-bankman-fried-is-fighting-to-keep-450m-stake-in-robinhood/
Insider: https://www.businessinsider.com/gary-wang-ftx-mysterious-cofounder-crypto-2022-12
Daily Mail: https://www.dailymail.co.uk/news/article-11570405/Sam-Bankman-Frieds-ex-Caroline-Ellison-admits-knowing-actions-ILLEGAL-plea-deal.html
NYP2: https://nypost.com/2022/12/23/who-are-caroline-ellisons-parents-fraudsters-parents-are-mit-economists/
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#SBF #FTX #CarolineEllison #GaryWang #SamBankmanFried
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