2024.7.9 Sentencing hearings have been scheduled for two former executives of bankrupt cryptocurrency exchange FTX who testified against founder Sam Bankman-Fried, court records showed on Tuesday. Nishad Singh will be sentenced on Oct. 30 and Gary Wang will be sentenced on Nov. 20 in Manhattan federal court.
Ex-FTX executives who testified against Bankman-Fried to be sentenced
By Reuters
NEW YORK, July 9 (Reuters) – Sentencing hearings have been scheduled for two former executives of bankrupt cryptocurrency exchange FTX who testified against founder Sam Bankman-Fried, court records showed 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 fraud.
Bankman-Fried in March was sentenced to 25 years in prison after being convicted last year of stealing $8 billion from FTX customers, in what prosecutors called one of the largest financial frauds in U.S. history.
Prosecutors are expected to ask U.S. District Judge Lewis Kaplan to take Singh’s and Wang’s cooperation into account when determining their punishments.
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作证指控 Bankman-Fried 的前 FTX 高管将被判刑
纽约 7 月 9 日 （路透社）——周二的法庭记录显示，破产加密货币交易所 FTX 的两名前高管已安排举行量刑听证会，他们曾对创始人 Sam Bankman-Fried罪行 作证。
尼沙德·辛格将于 10 月 30 日在曼哈顿联邦法院接受宣判，加里·王将于 11 月 20 日接受宣判。两人均承认犯有欺诈罪。
班克曼-弗里德去年因窃取 FTX 客户 80 亿美元而被判处 25 年监禁，检察官称这是美国历史上最大的金融欺诈案之一。
预计检察官将要求美国地区法官刘易斯·卡普兰 (Lewis Kaplan) 在确定辛格和王的惩罚时考虑他们的合作情况。
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