Ex-FTX executives who affirmed versus Bankman-Fried to be sentenced

Ex-FTX executives who affirmed versus Bankman-Fried to be sentenced

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NEW YORK (Reuters) -Sentencing hearings haveactually been arranged for 2 previous executives of insolvent cryptocurrency exchange FTX who affirmed versus creator Sam Bankman-Fried, court records revealed on Tuesday. 

Nishad Singh will be sentenced on Oct. 30 and Gary Wang will be sentenced on Nov. 20 in Manhattan federal court. Each pleaded guilty to scams.

© Reuters. Gary Wang departs the trial of former FTX Chief Executive Sam Bankman-Fried who is facing fraud charges over the collapse of the bankrupt cryptocurrency exchange, at Federal Court in New York City, U.S., October 10, 2023. REUTERS/Cheney Orr/File photo

Bankman-Fried in March was sentenced to 25 years in jail after being foundedguilty last year of taking $8 billion from FTX clients, in what districtattorneys called one of the biggest monetary scams in U.S. history. 

Prosecutors are ex

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