Sam Bankman-Fried prosecutor says coder’s cooperation sped up case | Reuters

U.S. prosecutors were able to charge FTX founder Sam Bankman-Fried shortly after the cryptocurrency exchange’s collapse in part because they secured the cooperation of its chief software engineer, one of the prosecutors said on Tuesday.

Speaking five days after Bankman-Fried was sentenced to 25 years in prison, Assistant U.S. Attorney Thane Rehn said former FTX Chief Technology Officer Gary Wang’s assistance was key to helping investigators understand how Bankman-Fried stole $8 billion in customer funds.

“Without that, would we have found it? Probably,” Rehn said at a discussion hosted by law firm Wilson Sonsini. “But it would have taken a software expert weeks or even months.”

Source: Sam Bankman-Fried prosecutor says coder’s cooperation sped up case | Reuters