FTX Co-Founder Gary Wang Asks Judge for No Prison Time
- Wang was Sam Bankman-Fried’s MIT frat brother, close friend
- He will be sentenced on Nov. 20 after pleading guilty to fraud
Gary Wang exits court in New York on Oct. 10, 2023.
Photographer: Stephanie Keith/BloombergThis article is for subscribers only.
Gary Wang, a computer programmer who helped build the FTX crypto empire, asked a federal judge to spare him from prison because of his role as a key witness at the fraud trial against his long-time friend, Sam Bankman-Fried.
In a sentencing memo filed in Manhattan federal court on Wednesday, his attorney Ilan Graff said Wang’s cooperation and his relative lack of culpability should result in a non-custodial sentence. Bankman-Fried received a 25-year sentence after being convicted by a jury last year.