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Gary Wang, FTX co-founder, avoids jail time in crypto fraud case: ‘I will spend the rest of my life trying to make amends’

Gary Wang, the co-founder and former chief technology officer of FTX, has been spared prison time for his involvement in the crypto exchange’s collapse. On Wednesday, he was sentenced to time served and three years of supervised release for each of the four criminal charges he pleaded guilty to. Wang was also ordered to forfeit […] дальше »

2024-11-21 21:26


FTX Co-Founder Gary Wang Begs Judge For Freedom: Will He Escape Jail Time?

Gary Wang, FTX’s co-founder, has asked through his legal team for a non-custodial sentence in a memo filed last November 6th in connection with the United States v. Sam Bankman-Fried. The computer programmer argued that he should not serve jail time over his supposed involvement with the failed FTX since he was a key witness […] дальше »

2024-11-8 08:00


Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions. дальше »

2019-6-14 04:03