Caroline Ellison Sentenced to 24 Months in FTX Fraud Case

The post Caroline Ellison Sentenced to 24 Months in FTX Fraud Case appeared first on Coinpedia Fintech News Bloomberg reports that Caroline Ellison, former Alameda Research CEO, was sentenced to 24 months in prison for her involvement in the multibillion-dollar FTX fraud. Ellison, 29, cooperated with prosecutors, testifying against FTX founder Sam Bankman-Fried, and admitted to falsifying documents to cover Alameda’s misuse of $10 billion in customer funds. Despite her substantial assistance, U.S. …