Two Sigma executive Wu Jian was sued for suspected fraud and money laundering
Source: Binance
Time: 2025-09-16 14:48:09
According to Wu, Two Sigma executive Wu Jian was prosecuted by the U.S. SEC and the Justice Department for alleged telecom fraud, securities fraud and money laundering, with each offence of up to 20 years. Prosecutors say Two Sigma internal control may have loopholes. Two Sigma is active in the crypto field and has invested in platforms such as Crossover Markets and C3. Its venture capital department raised $400 million for two new funds this week, laying out early stage projects in crypto, DeFi and fintech.