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Gary Wang, the former chief technology officer of FTX, is developing a fraud detection tool aimed at assisting U.S. prosecutors in identifying fraudulent activities in both stock and cryptocurrency markets. This initiative comes as Wang is set for sentencing on November 20, following his involvement in the FTX scandal, where he created software that facilitated the misappropriation of billions by Sam Bankman-Fried. Wang's cooperation with the government in building this detection tool may influence the leniency of his sentencing.
Gary Wang, FTX’s former chief technology officer, builds fraud detection tool for prosecutors, which could spare him prison. https://t.co/dZMSVBIPHI
Gary Wang, the ex-FTX executive who wrote computer code that enabled Sam Bankman-Fried to steal billions, has built software to help the US government uncover stock market fraud. Wang is also building a tool to help spot crime on cryptocurrency exchanges https://t.co/82XmsC1jiJ https://t.co/vhDyCRWQVa
Former Bankman-Fried executive seeks leniency for building fraud detection tool https://t.co/JBGUPaQXGa
