SBF Ally Caroline Ellison Gets 2 Years in Prison for FTX Collapse

Sep 25, 2024

Caroline Ellison, former Alameda Research CEO, received a two-year prison sentence for defrauding investors of FTX and its sister firm. Judge Lewis Kaplan cited her cooperation as a witness against FTX fraud ringleader Sam Bankman-Fried. Bankman-Fried, who received a 25-year sentence, has appealed the decision.

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