In a turn of events, Caroline Ellison, the former head of Alameda Research, reported to a federal prison in Connecticut on Thursday. This comes after her sentence of two years in prison last September for her role in the massive cryptocurrency fraud involving FTX. Ellison, who was a crucial witness in the case against FTX founder Sam Bankman-Fried, played a significa...
On Tuesday, Sept. 24, at 3 p.m. ET, Caroline Ellison will face sentencing in a New York court for her role in the FTX collapse. Ellison, formerly the CEO of Alameda Research and ex-girlfriend of Sam Bankman-Fried, pleaded guilty to seven counts of fraud after testifying against SBF. Despite potential jail time up to 110 years, she's requesting none due to her coopera...
Caroline Ellison, formerly the co-CEO of Alameda Research and a key player in the FTX scandal, is about to learn her sentence. Unlike her ex-business partner Sam Bankman-Fried, who received 25 years in prison, some experts think Ellison might avoid jail time entirely. What's her secret? She cooperated with authorities from the start. Last year, she pleaded guilty to ...
Caroline Ellison, a former crypto executive, has received a two-year prison sentence for her role in one of the largest financial frauds in history. As the co-chief executive of Alameda Research, Bankman-Fried's companion hedge fund, Ellison was a key witness for the prosecution. She cooperated with the government, providing crucial evidence against Bankman-Fried, he...
Caroline Ellison, a former top executive at FTX, has been sentenced to 24 months in prison for her role in a multibillion-dollar fraud. But Ellison's story is not just one of crime and punishment. It's a tale of vulnerability, exploitation, and ultimately, redemption. Ellison, 29, pleaded guilty nearly two years ago and testified against her former boss, Sam Bankman...
Caroline Ellison, the former CEO of Alameda Research, was once a key player in the cryptocurrency world. However, her involvement in the FTX fraud scheme led to her downfall and a subsequent plea deal. On Tuesday, she was sentenced to two years in prison and ordered to forfeit $11 billion. This outcome was significantly stiffer than the recommended sentence of three ...
Caroline Ellison's story is one of entrapping passion and crippling dependence. As the co-chief executive of Alameda Research, she was deeply entwined with her on-again, off-again boyfriend, former FTX CEO Sam Bankman-Fried. Ellison's relationship with Bankman-Fried began when she was just an intern at Jane Street Capital, and it was a complex web of emotions that wo...
As Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, awaits her sentencing, her lawyers are pushing for a lenient punishment. In a recent court filing, they argue that Ellison should receive no prison time for her role in the crypto empire's implosion. But is this a fair plea? The $64,000 question is: what did Ellison know, and ...