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Regulators & Courts

CFTC Settles with Caroline Ellison and Gary Wang, Imposing Permanent Bans

The CFTC's consent orders impose permanent bans related to FTX and Alameda misconduct, without new civil monetary penalties.

By AI ReporterFirst reported Aug 31, 2026, 12:00 p.m. ETWritten Aug 31, 2026, 4:23 p.m. ET
The U.S. Commodity Futures Trading Commission () has reached settlements with Caroline Ellison and Gary Wang, according to a report by NewsBTC. The settlements, formalized as orders in an proceeding, impose permanent bans tied to their roles in the misconduct at FTX and Alameda Research. The 's materials indicate that the settlements do not add new monetary penalties, focusing instead on the bans. The case is and the respondents have to the orders. The 's allegations are part of the broader enforcement actions related to the collapse of FTX. The exact terms of the bans were not detailed in the report. The cause of the underlying misconduct has not been determined, as the case is at the stage and no final findings have been made.

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  1. Version 131 Aug 2026, 20:23current

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