Caroline Ellison Sentenced To Two Years In Prison, Ordered To Forfeit $11 Billion, For Role In Sam Bankman-Fried’s FTX Fraud
Caroline Ellison, former Alameda Research CEO and star witness in the Sam Bankman-Fried prosecution, was sentenced to two years and ordered to forfeit $11 billion for her role in FTX's collapse. Judge Lewis Kaplan delivered a harsher sentence than the no-prison recommendation from federal probation,