November 14, 2024
Gary Wang, formerly of Cherry Hill, tied to Bankman-Fried crypto scam
 #CriptoNews

Gary Wang, formerly of Cherry Hill, tied to Bankman-Fried crypto scam #CriptoNews

Cash News

A promising graduate of Cherry Hill High School East is hoping to avoid prison for his role in a massive cryptocurrency fraud.

A defense filing for Zixiao “Gary” Wang cites his accomplishments while at East as part of a request for leniency at a Nov. 20 sentencing.

Wang was the coding expert behind a multi-billion-dollar fraud led by Samuel Bankman-Fried, who’s serving a 25-year term. Software developed by Wang allowed funds to be diverted from unwitting depositors at FTX, a crypto trading platform, to Alameda Research, a crypto hedge fund.

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