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coinpedia 2023-10-09 05:01:54

Gary Wang Testifies Against Exchange Co-founders in Fraud Trial!

The post Gary Wang Testifies Against Exchange Co-founders in Fraud Trial! appeared first on Coinpedia Fintech News Former FTX chief technology officer, Gary Wang, has testified that the exchange used hidden Python code to misrepresent the value of its $100m insurance fund and that it never actually contained any of the exchange’s FTX tokens, as claimed. He also said that the fund was often insufficient to cover losses. Wang has pleaded guilty …

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