Gary Wang (American businessman)
Gary Wang | |
|---|---|
| Nationality | American |
| Other names | Zixiao Wang[1] |
| Known for | FTX |
Gary Wang is an American businessperson, best known for his former role as an executive at cryptocurrency firm FTX. Before co-founding FTX, he worked at Google Flights, building system for aggregating prices over millions of flights.[2] Prior to FTX's collapse, he was ranked the 227th richest American in the Forbes 400, and the 431st richest person in world by The World's Billionaires.[3]
Early life and education
Wang grew up in New Jersey and graduated in 2011 from Cherry Hill High School East.[1] He attended USA/Canada Mathcamp, where he met his future classmate and cofounder Sam Bankman-Fried.[4] After high school, he attended the Massachusetts Institute of Technology, where he studied mathematics and computer science.[5] At MIT, he was a member of Epsilon Theta, a coed fraternity.[6]
Career
At FTX, he served as chief technology officer. He was the second-largest shareholder of FTX at the time of the collapse of the company.[7]
On December 18, 2022, Wang pleaded guilty in a plea bargain in the Southern District of New York to wire fraud and three counts of conspiracy involving wire, securities and commodities fraud. His lawyer, Ilan Graff, stated that "Gary has accepted responsibility for his actions and takes seriously his obligations as a cooperating witness."[8][9]
References
- ^ a b Boiskin, Asher; Zhang, Alena; Lampf, Brielle. "We found Gary Wang. Here's what we know". Eastside Online. Retrieved January 12, 2023.
- ^ "Gary Wang". Forbes. Retrieved December 25, 2022.
- ^ "Gary Wang". Forbes. Retrieved December 30, 2022.
- ^ Nolan, Beatrice. "Gary Wang, the mysterious FTX cofounder, has pleaded guilty to fraud charges. Here's what we know about the key player in the failed crypto empire". Business Insider. Retrieved December 25, 2022.
- ^ "Gary Wang". garywang.scripts.mit.edu. Retrieved December 25, 2022.
- ^ Gardizy, Anissa. "Here's what you need to know about Caroline Ellison and Gary Wang agreeing to plead guilty to FTX charges - The Boston Globe". BostonGlobe.com. Retrieved December 25, 2022.
- ^ Nolan, Beatrice. "Gary Wang, the mysterious FTX cofounder, has pleaded guilty to fraud charges. Here's what we know about the key player in the failed crypto empire". Business Insider.
- ^ Yaffe-Bellany, David; Goldstein, Matthew; Weiser, Benjamin (December 21, 2022). "Two Executives in Sam Bankman-Fried's Crypto Empire Plead Guilty to Fraud". The New York Times. Archived from the original on December 22, 2022.
- ^ Newmyer, Tory; Jacobs, Shayna (December 21, 2022). "Two Bankman-Fried colleagues plead guilty to fraud". The Washington Post.
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