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Gary Wang, FTX’s co-founder and former chief technology officer, again appeared in court on the fourth day of the criminal trial of former CEO Sam “SBF” Bankman-Fried to speak on the connections between the crypto exchange and Alameda Research.According to reports from Inner City Press, Wang returned to a New
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Taking the stand in an ill-fitting black suit, Wang, who co-founded both companies with Bankman-Fried, said that in July 2019, just shortly after the exchange opened for business, Bankman-Fried directed him to write code for FTX that would let Alameda’s account balance fall below zero. It was a secret feature
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The United States Department of Commerce has imposed a 10-year export privilege ban on Virgil Griffith, an Ethereum developer serving a five-year prison sentence. The ban restricts him from enjoying export privileges until April 12, 2032.The export privilege ban affects his ability to participate in international trade and business. On April 12,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ethereum developer Virgil Griffith, currently serving a five-year prison sentence, has been issued a 10-year export privilege bar by the Department of Commerce, rendering him ineligible for export privileges until April 12, 2032. The export privilege bar
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The largest crypto assets trading and exchange platform OKEx has announced the expansion of its VIP Club program to all its clients along with the inclusion of a new Gold tier membership to the existing privilege program.The OKEx VIP Club allows users to make the minimum required deposit for respective
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