FTX Executive Caroline Ellison Receives Two-Year Prison Sentence

Reported 13 days ago

Caroline Ellison, former CEO of Alameda Research and a key figure in the FTX cryptocurrency scandal, has been sentenced to two years in prison and ordered to forfeit $11 billion. She pleaded guilty to fraud and conspiracy charges in December 2022 and contributed testimony against FTX's founder, Sam Bankman-Fried, during his trial.

Source: YAHOO

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