Former FTX executive Constance Wang has returned to the crypto industry, joining Asia-focused crypto venture firm Sino Global Capital. After spending nearly four years at FTX, where he held several important positions, including COO, Wang kept a low profile following the collapse of the exchange group. According to a Bloomberg report, citing an anonymous source, Wang has reappeared at Sino Global.
A trusted lieutenant of former FTX CEO Sam Bankman-Fried, Wang also serves as co-chief executive of FTX Digital Markets, the company’s Bahamas affiliate. His responsibilities include driving global user growth, managing partnerships, public relations, marketing, institutional clients and expanding the company’s presence in different geographic areas. Prior to his tenure at FTX, Wang had worked at Huobi Global and Credit Suisse, demonstrating his experience and expertise in the crypto and financial sectors.
While certain high-ranking FTX executives have engaged in legal proceedings and, in some cases, pleaded guilty, others are seeking new opportunities elsewhere. For example, Amy Wu, who previously led FTX Ventures, recently joined Menlo Ventures.
Sam Bankman-Fried, the former CEO of FTX, is currently facing multiple charges and has pleaded not guilty. He is currently under house arrest, awaiting trial.
Neither Constance Wang nor Sino Global Capital offered immediate comment on this latest development. Wang’s move to Sino Global Capital highlights the ongoing movement and realignment within the crypto industry, as professionals seek new opportunities and navigate the evolving regulatory landscape.