ExchangeDEX+

Buy Crypto Markets Spot Futures500X Earn Events

In the latest update on the FTX saga, the SEC confirmed Caroline Ellison had In the latest update on the FTX saga, the SEC confirmed Caroline Ellison had

SEC confirms years-long director bans for former Alameda, FTX executives

2025/12/20 05:30

In the latest update on the FTX saga, the SEC confirmed Caroline Ellison had consented to a officer-and-director bar, preventing her from leading any companies for 10 years.

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.

In a Friday notice, the US Securities and Exchange Commission said that it had obtained final consent judgments against Ellison, Wang and Singh for their roles in the misuse of investor funds at FTX from 2019 to 2022.

The former Alameda CEO consented to a 10-year officer-and-director bar, while Wang and Singh consented to eight-year officer-and-director bars each. All three are also subject to five-year ”conduct-based injunctions,” according to the SEC.

Market Opportunity

Belong Price(LONG)

$0.005005

$0.005005$0.005005

-5.56%

USD

Belong (LONG) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.