Bankman-Fried Returns to US as Associates Flip

The transcript discusses the criminal charges against individuals involved in the collapse of the crypto exchange FTX. Caroline Ellison and Gary Wang have been charged with fraud and are cooperating with US authorities, which may lead to reduced sentences. The cooperation adds pressure on others involved. The SEC and CFTC have amended their suits, accusing the associates of using customer funds improperly.

What are the potential consequences for Ellison and Wang if they cooperate with prosecutors?

What was the main accusation against Gary Wang regarding the operations of Alameda?