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Caroline Ellison Sentenced to Two Years in Prison

  • Caroline Ellison, former CEO of Alameda Research, has been sentenced to 24 months in prison for her involvement in the FTX fraud case.
  • She has been ordered to pay approximately $11 billion in restitution and may serve her sentence in a minimum-security facility near Boston.
  • The judge acknowledged Ellison's cooperation during the trial against Sam Bankman-Fried, emphasizing her vulnerability and remorse.
  • Ellison's testimony was pivotal in Bankman-Fried's conviction, resulting in a 25-year prison sentence for him.

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