Two top associates of the Sam Bankman-Fried – Alameda Research’s former CEO, Caroline Ellison, and Alameda and FTX’s Co-Founder, Zixiao (Gary) Wang, also the former CTO at FTX – have pled guilty to the criminal charges brought against them by the US prosecutors.
In a short video posted on Wednesday night, US Attorney Damian Williams confirmed that the Southern District of New York brought charges against the two co-conspirators of the Bankman-Fried, who have already pleaded guilty to those charges.
Statement of U.S. Attorney Damian Williams on U.S. v. Samuel Bankman-Fried, Caroline Ellison, and Gary Wang pic.twitter.com/u1y4cs3Koz
— US Attorney SDNY (@SDNYnews) December 22, 2022
According to the plea agreement seen by several media outlets, 28-year-old Ellison pleaded guilty to seven counts, including wire and securities fraud and conspiracy to commit money laundering