April 22, 2025

Caroline Ellison, ex-Alameda CEO, begins 2-year prison sentence for role in FTX fraud

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Caroline Ellison, former CEO of Alameda Research and key witness in the FTX case, reported to a low-security prison in Connecticut on Thursday to start her two-year sentence, CNBC reported. This follows her cooperation with federal prosecutors that contributed to the conviction of FTX founder Sam Bankman-Fried. The fraud involving FTX, once valued at $32

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Source: Invezz

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