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SEC Finalizes Settlement with FTX Executives, Imposes Leadership Restrictions

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The U.S. Securities and Exchange Commission (SEC) has finalized settlements with three FTX executives, including Caroline Ellison, who will face a 10-year ban from leadership roles. Zixiao 'Gary' Wang and Nishad Singh received 8-year restrictions. The SEC alleges they violated Countering the Financing of Terrorism rules and misused customer funds for Alameda’s trading. These actions highlight ongoing regulatory focus on liquidity and crypto markets. Ellison previously served a two-year prison term, while Wang and Singh avoided incarceration through cooperation.
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