SEC seeks final judgments for Ellison, Wang and Singh filed December 19, 2025

On December 19, 2025, the U.S. SEC filed proposed final consent judgments in the Southern District of New York against Caroline Ellison, Gary Wang, and Nishad Singh. The trio consented, without admitting or denying, to permanent antifraud injunctions under Section 17(a), Section 10(b), and Rule 10b-5, plus five-year conduct-based limits and multi-year officer/director bans tied to alleged misuse of FTX customer funds.