Technical Analysis

SEC charges – Alameda’s Ellison and FTX’s cofounder Wang plead guilty to fraud

This is going to make life more difficult for Sam Bankman-Fried to avoid his fraud charges.

The US charged Alameda’s Caroline Ellison and FTX’s cofounder Gary Wang for their roles in a scheme stretching over many years to defraud equity investors in FTX. SEC said Ellison and Wang are cooperating with the investigation that is ongoing.

Bitcoin is pretty much shrugging it off so far at least:

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