SEC Imposes 10-Year and 8-Year Executive Bans on FTX Former Executives

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Release Time:12/20/2025 06:47:30

The U.S. Securities and Exchange Commission (SEC) filed proposed final consent judgments against three former FTX executives, including Caroline Ellison, Zixiao 'Gary' Wang, and Nishad Singh. Ellison faces a 10-year ban from serving as a public company officer, while Wang and Singh received eight-year bans. The case relates to a $1.8 billion investor fraud in the crypto markets. The SEC also imposed permanent injunctions against securities violations. The ruling highlights regulatory scrutiny over risk-on assets and liquidity in the aftermath of FTX’s collapse.

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