Former FTX executive Gary Wang spared prison time for role in crypto fraud

A former top FTX executive charged with writing computer code for now imprisoned FTX founder and CEO Sam Bankman-Fried to help steal billions of dollars from cryptocurrency customers, was spared prison time by a Manhattan judge on Wednesday.U.S. District Judge Lewis Kaplan said during a hearing in federal court in Manhattan that he would not be imposing prison time on former FTX Chief Technology Officer Gary Wang.Instead, Kaplan praised Wang’s cooperation with U.S. prosecutors, noting that