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Ellison and Wang Are ‘Game Changers’ in Bankman-Fried’s Trial, Lawyer Says

The guilty pleas made by former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang are “game changers for the case against Sam Bankman-Fried," the former FTX CEO who is now facing multiple criminal charges, Ian McGinley, a partner at Akin Group, told CoinDesk TV’s “First Mover” on Tuesday.

“Now you have two people – two insiders – who were with him, presumably during all of the pivotal moments at stake in the case saying ‘We conspired with others, presumably Sam Bankman-Fried, and we intentionally did something wrong,’” McGinley said.

Alameda Research Caroline Ellison FTX
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