SEC Bars Former FTX Executives Ellison, Wang, and Singh from Leadership Roles for 8-10 Years

The U.S. Securities and Exchange Commission has imposed a 10-year officer-and-director bar on former Alameda Research CEO Caroline Ellison, along with eight-year bars on FTX executives Gary Wang and Nishad Singh, for their roles in the misuse of customer funds at FTX from 2019 to 2022. This prevents them from holding leadership positions in companies [...]