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- Zhe Constance Wang was often known as Sam Bankman-Fried’s proper hand for fundraising and performed an government function in FTX’s ascent.
- Wang shouldn’t be at the moment going through prison costs or allegations though she was subpoenaed by federal prosecutors within the case in opposition to Bankman-Fried.
- The previous crypto alternate exec now leads the gaming division at crypto fund Sino International, an organization whose founder was additionally related to SBF.
Constance Zhe Wang, beforehand acknowledged as Sam Bankman-Fried’s right-hand girl in capital elevating, has resurfaced within the crypto area months after crypto alternate FTX collapsed final winter.
Wang, who performed a major function in FTX’s ascent, is now main the gaming division at cryptocurrency fund Sino International Capital after earlier roles at Credit score Suisse and Huobi, Bloomberg reported.
Notably, Sino International was based in 2015 by Matthew Graham, one other shut affiliate of Bankman-Fried. Matthew reportedly invested in SBF’s crypto alternate and maintained shut ties with the so-called “efficient altruism” proponent.
Wang’s transition to Sino International marks a brand new chapter for the previous FTX government, whose earlier involvement in working Bankman-Fried’s crypto empire has not led to any authorized implications.
Regardless of being subpoenaed by federal authorities within the Bankman-Fried case, Wang has not confronted any prison costs or allegations as of but.
Ex Execs Transfer On From FTX, 3AC, Different Crashed Crypto Companies
Following the collapse of a number of crypto entities in 2022, former executives have moved on to different ventures amid controversy and media consideration.
Not solely Wang however former FTX US President Brett Harrison introduced a brand new enterprise after SBF’s crypto alternate blew up final November. Harrison’s software program developer Architect Monetary Applied sciences raised $5 million in seed funding from entities like Coinbase Ventures.
Three Arrows Capital co-founders Su Zhu and Kyle Davies additionally began a brand new crypto alternate centered on buying and selling chapter claims. The platform known as OPNX, an acronym for Open Trade pulled leaders from different embattled crypto companies like CoinFLEX and raised $25 million in preliminary capital.
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