Not every former top FTX executive is heading to prison. Gary Wang, former FTX chief technical officer, was spared prison time by U.S. District Judge Lewis Kaplan today. Judge Kaplan praised Wang’s cooperation with federal authorities. Wang testified against former FTX founder and CEO Sam Bankman-Fried at his trial last fall. Wang pleaded guilty to […]
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In what some are describing as a landmark case, a U.K. man who used AI to turn normal pictures of children into sexual abuse imagery has been sentenced to 18 years in jail. Hugh Nelson, a 27-year-old from Bolton, used the app Daz 3D to create 3D “characters” from innocent photographs of kids. In some […]
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After the criminal implosion of the crypto exchange FTX, many of the company’s executives have been found guilty on various counts of fraud or conspiracy to commit such acts. Ryan Salame, the former co-CEO of FTX Digital Markets, is starting his seven-and-a-half-year fraud sentence today, but not before posting an all-time absurd LinkedIn post (and […]
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