CFTC Closes Cases Against Caroline Ellison, Gary Wang, Imposes Five-Year Trading Bans
JH Kim
Summary
- The US Commodity Futures Trading Commission (CFTC) said it had closed its cases against Caroline Ellison and Gary Wang.
- The CFTC said it imposed five-year trading bans on Ellison and Wang.
- Ellison and Wang were key figures in the collapse of bankrupt crypto exchange FTX.
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The US Commodity Futures Trading Commission has closed its cases against Caroline Ellison and Gary Wang.
Cointelegraph reported on Aug. 19 that the CFTC imposed five-year trading bans on Ellison and Wang.
Ellison and Wang were central figures in the collapse of bankrupt crypto exchange FTX. Ellison previously served as chief executive officer of Alameda Research, while Wang was an FTX co-founder.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.