logo
welcome
CoinGape

CoinGape

Gary Wang, former top executive at FTX will not face jail term in fraud case

CoinGape
Summary
Nutrition label

56% Informative

Gary Wang , a former top executive at the now defunct FTX Derivatives Exchange will not face jail term in the fraud case.

Wang pleaded guilty to his role in the FTX bankruptcy.

Wang wrote the code that created the backdoor that allowed Sam Bankman-Fried to steal about $8 billion in customer funds.

VR Score

35

Informative language

27

Neutral language

34

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links