FTX Insider Caroline Ellison Sentenced to Two Years in Prison

A US federal judge in the Southern District of New York has sentenced Caroline Ellison, a member of the ring of executives who presided over the fraud that led to the collapse of crypto exchange FTX, to two years in prison. In addition, she has been ordered to forfeit $11 billion. In December 2022, Ellison pleaded guilty to seven counts of fraud and conspiracy in connection with the fall of FTX. Last March, FTX founder Sam Bankman-Fried—with whom Ellison shared a tumultuous romantic relationship—was sentenced to 25 years in prison...