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US SEC Finalizes Civil Settlement with FTX and Alameda Executives

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The U.S. Securities and Exchange Commission has finalized a civil settlement with three former FTX and Alameda executives, including Caroline Ellison, Gary Wang, and Nishad Singh. The case relates to the collapse of the crypto exchange and violations of anti-fraud provisions. Ellison faces a 10-year ban from public company roles, while Wang and Singh are barred for eight years. All three received five-year conduct bans. The settlement aligns with ongoing efforts in Countering the Financing of Terrorism and maintaining stability in liquidity and crypto markets.
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