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The CFTC imposed a five-year trading ban on former Alameda Research CEO Caroline Ellison and FTX co-founder Zixiao "Gary" Wang. Ellison received a 10-year registration ban; Wang received an eight-year ban. The consent orders resolved the agency's case after FTX and Alameda agreed to $12.7 billion in payments.
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Summary by ByteBrief
Big Tech accountability fight gains momentum