Sam Bankman-Fried's ex-girlfriend and the co-founder of FTX have each pleaded guilty to criminal charges and are cooperating with prosecutors, U.S. Attorney Damian Williams said Wednesday. Caroline Ellison, CEO of Alameda Research, Bankman-Fried's privately-controlled hedge fund, and Gary Wang, co-founder of FTX, pleaded guilty earlier this week, according to newly unsealed court documents. Together, the seven counts carry a maximum sentence of 110 years in prison. (abcnews)
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