's co-founder, as well as his ex-girlfriend, have both pleaded guilty to federal fraud charges, entering the pleas in the Southern District of New York Court. U.S. authorities announced the charges in a statement Wednesday, revealing the two top executives as FTX's Gary Wang and former Alameda Research co-CEO Caroline Ellison, who once dated the embattled crypto crook.SBF faces eight charges which include allegedly conning investors out of $1.8billion by diverting cash to his private crypto hedge fund Alameda Research, run by his 28-year-old ex-girlfriend.
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