Hints and tips:
...Gary Wang Chief technology officer, FTX The taciturn and solitary Gary Wang built and maintained much of FTX’s technology....
...“The money ultimately came from FTX customers,” Wang said. “We said publicly that we would not use customer funds like this.” Asked who he meant by “we”, Wang said simply: “Sam”....
...Born in China, Wang moved to the US at the age of seven and grew up in Minnesota....
...Caroline Ellison, Gary Wang, Nishad Singh and Sam Bankman-Fried sat together in June 2022 in the Bahamas office of FTX, the crypto exchange founded by Bankman-Fried and Wang, then worth $40bn....
...Wang left a job at Google to help start Alameda....
...The jury heard from former executives at the exchange and Alameda, including co-operating witnesses Caroline Ellison, Gary Wang and Nishad Singh....
...Along with a “large line of credit” from the crypto exchange, that meant Alameda was soon in effect “taking customers’ money”, Wang said. Read more here....
...Prosecutors began questioning Wang, one of their star witnesses, late on Thursday. His testimony will continue on Friday. Additional reporting from George Hammond in San Francisco...
...The jury has heard testimony from some of them, including Gary Wang, Nishad Singh and Caroline Ellison, who are co-operating with the prosecution....
...first became aware of the hole in FTX’s balance sheet a month before its implosion, and that he had delegated responsibility for coding and risk management to subordinates such as Caroline Ellison, Gary Wang...
...Cohen delivered a more forceful cross-examination that he had with the other witnesses who were members of the former billionaire’s inner circle, Caroline Ellison and Gary Wang....
...came as the trial against Bankman-Fried entered its fifth week, having previously featured testimony from some of the former billionaire’s closest friends and colleagues, including Caroline Ellison, Gary Wang...
Ban of top players raises questions about sport’s future in one of its biggest markets
...were stacked against the one-time billionaire ever since the US government indicted him in December and proceeded immediately to secure the co-operation of two of his closest consiglieri, Ellison and Gary Wang...
...The first of these witnesses, FTX co-founder Gary Wang, a longtime friend of Bankman-Fried’s, will probably take the stand before the end of the week, the government said....
...Cameron said he had raised the issue directly with Chinese foreign minister Wang Yi....
...And we have Joshua Oliver, FT correspondent, who is fresh, less than an hour, I believe, from the courtroom steps to right here in the New York podcasting studio....
...Joseph Wang of the Fed Guy blog noted in a post yesterday that a global cutting cycle could also supercharge risk appetites....
...so-called infotainment features, experimental interior concepts and the use of multiple exterior cameras and sensors in anticipation of autonomous driving, Brandt, who leads the global auto team at consultancy Oliver...
...Wang pleaded guilty to US fraud charges....
...At the heart of the film is Maria Wang (played by veteran Chinese actress Pei-Pei Cheng), a stay-at-home grandmother whose orderly life is upended on learning that her husband is having an affair....
...Joshua Oliver is the FT’s asset management reporter....
...Bankman-Fried, Wang and Ellison were among the earliest employees of the trading firm....
...“They were aided by former employees, Mr [Gary] Wang and Mr Fried,” Ray continued, referring to FTX’s co-founders....
...Oliver Dowden, the deputy prime minister, said it was crucial to “be able to look the Chinese in the eye and call out unacceptable behaviour directly”....
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