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SEC Bars Former FTX Executives from Officer Roles for 5 Years

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The U.S. Securities and Exchange Commission (SEC) is pushing to restrict former FTX and Alameda Research executives from officer roles for five years. Gary Wang, Nishad Singh, and Caroline Ellison have agreed to legal orders that would block them from leading public companies and limit specific roles. The case must still win court approval. The action marks a major step in crypto markets regulation, as regulators seek to apply standard securities laws to digital assets while also addressing risks like Countering the Financing of Terrorism.
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