Published 6 months ago • loading... • Updated 5 months ago

Bankman-Fried's ex-girlfriend Ellison gets two-year sentence over crypto fraud

Ellison stated, "I participated in a criminal conspiracy that ultimately stole billions of dollars," expressing relief for her cooperation in court.
Bankman-Fried received a 25-year prison sentence, while prosecutors described Ellison as an "exemplary" witness, recommending a lighter sentence.
Former Assistant U.S. Attorney Kevin J. O'Brien suggested supervised release could be a "fair sentence" due to Ellison's assistance in prosecuting Bankman-Fried.

Insights by Ground AI

Does this summary seem wrong?

248 Articles

All

Left

Center

Right

Straight Arrow News

Fmr. FTX exec Caroline Ellison sentenced to 2 years over crypto fraud

Caroline Ellison, a former top executive with the failed cryptocurrency firm FTX, was sentenced to two years in prison Tuesday, Sept. 24, in connection to a fraud scheme that stole $8 billion from investors and customers. The judge and prosecutors agreed to give Ellison a lighter sentence after she pleaded guilty and testified against FTX founder and her former boyfriend Sam Bankman-Fried during his trial last November. Getty Images Bankman-Fri…

5 months ago

Read Full Article

Boing Boing

FTX fraud Caroline Ellison off to jail for 2 years

Caroline Ellison, former CEO of a hedge fund tied to crooked crypto exchange FTX and former girlfriend of Sam Bankman-Fried (himself already sentenced to 25 years), is off to jail for her part in it all. Ellison will serve two years, having served as his prosecution's star witness but not quite getting so sweet a deal as the one she was hoping for. — Read the rest The post FTX fraud Caroline Ellison off to jail for 2 years appeared first on Boi…

5 months ago·United States

Read Full Article

Le Monde

Two years in prison for Caroline Ellison, ex-partner and girlfriend of Sam Bankman-Fried, the founder of FTX

She had been an important witness for the prosecution at the trial of the fallen cryptocurrency superstar, sentenced to twenty-five years in prison for one of the worst financial frauds in recent history.

5 months ago·Paris, France

Read Full Article

Firstpost News

FTX insider & Sam Bankman-Fried's partner Caroline Ellison jailed for two years, ordered to return $11 bn

During the trial, Ellison provided critical testimony against Bankman-Fried, detailing how he misused customer funds to finance risky ventures through FTX’s sister company, Alameda Research

5 months ago·Mumbai, India

Read Full Article

n-tv.de

Fraud at crypto exchange FTX: Bankman-Fried's ex-girlfriend sentenced to prison

With FTX, Sam Bankman-Fried builds one of the largest crypto exchanges in the world. Then in 2022, everything collapses. Bankman-Fried is sentenced to a long prison term for fraud, among other things. His former girlfriend also has to go to prison.

5 months ago

Read Full Article

Silicon Republic

Caroline Ellison gets two-year sentence for FTX fraud

Sam Bankman-Fried is currently serving 25 years for one of the biggest financial fraud cases in history. Read more: Caroline Ellison gets two-year sentence for FTX fraud

5 months ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year