The U.S. Attorney’s Office for the Southern District of New York has accepted guilty pleas from former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang, both of whom are cooperating in the office’s ongoing investigation into the collapse of Sam Bankman-Fried’s cryptocurrency empire, U.S. Attorney Damian Williams announced late Wednesday.
Wang and Ellison were both charged with wire fraud and conspiracy to commit wire, securities and commodities fraud, according to plea agreements they signed on Monday.
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