TYB
Caroline Ellison and Gary Wang plead guilty to fraud charges
December 21, 2022
Both former executives of FTX and Alameda Research have been charged for their role in the “frauds” that led to FTX's collapse.
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to federal fraud charges and are cooperating with prosecutors as part of the criminal case against the former FTX CEO, Sam Bankman-Fried.
United States Attorney for the Southern District of New York (SDNY) Damian Williams made the announcement on Dec. 22, emphasizing that this latest major development is unlikely to be the last.
“As I said last week, this investigation is ongoing and moving very quickly. I also said last week's announcement would not be our last and let me be clear once again, neither is today's,” he said, adding that:
“I'm announcing that SDNY has filed charges against Caroline Ellison […] and Gary Wang […] in connection with their roles in the frauds that contributed to FTX's collapse. Both Ms. Ellison and Mr. Wang have plead guilty to those charges and both are cooperating with the SDNY.”
Williams also confirmed that SBF is now in the custody of the Federal Bureau of Investigation (FBI) and is “on his way back to the United States” where he will be transported directly to the Southern District of New York to appear before a judge “as soon as possible.”
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
Williams also used the statement to send a stark warning to anyone that may have participated in misconduct at FTX or Alameda:
“Now is the time to get ahead of it. We are moving quickly and our patience is not eternal.”
SBF was officially handed over from Bahamian custody to U.S. authorities on Dec. 21 after he waived his right to a formal extradition process that could have taken weeks. His lawyer claimed that SBF wanted to speed up the process as he is currently driven to “put the customers right.”
Related: What blockchain analysis can and can't do to find FTX's missing funds: Blockchain.com CEO
Meanwhile, Ellison's recent guilty plea and cooperation with the SDNY may be unsurprising for some, given that she was reportedly spotted at a coffee shop just a short walk away from the U.S. Attorney’s Office and the New York FBI office on Dec. 5.
Sauce: https://cointelegraph.com/news/caroline-ellison-gary-wang-plead-guilty-to-fraud-charges
>"Mr Epps was one of the thousands of MAGA loyalists who believe…"
Epps is a CHS and probably comp'd for crimes unknown, he played his part. Hard to think of another good reason for him to be so vile.
Ex_Military means squat. They used to take almost anybody with a pulse, fren chose Mil above jail that one time..
Not a Lawfag but found this, search
The Legal concepts, Surety bonds: https://www.suretybondsdirect.com/educate/surety-law-legal-concepts-behind-surety-bonds
How to start a Class Action: https://www.classaction.org/learn/how-to-start
This type of filing is generally paid for via the ambulance chaser taking 30% IF they win, might talk to somebody, consultation costs nothing but time.
Searched Freespoke: "Can individuals file a Class Action lawsuit versus a Surety bond"
and found more articles than other search engines, hope it's something of value anon.
>Anons see through his methods even while he is writing his manifesto.
>Gary Gensler is the current SEC Chairman under the Biden regime.
A stern talking to and a slapped wrist is in Ms Ellison's near future. For the cameras of course.
Elon Musk says bots rigged poll on his CEO status, agrees only paying Twitter subscribers should vote (in key polls)
December 21, 2022
https://nypost.com/2022/12/20/elon-musk-says-only-paying-twitter-users-will-vote-in-key-polls/
Ukraine is helping launder weapons so they can continue RegimeChangeDeluxe, Syria edition.
No shock, no surprise. They're so bitter over that one for some reason. Evidently they hate being told no.
>Tyb?
Anon has a bakerer to thank. NeighborAnon (the one that saw the odd black cat/cloud with Anon- now have game cameras for show and tell)
Happy 2 days early birthday to me, Happy birthday to me…
kek
They're fancy and homemade