Ex-girlfriend of FTX founder to be sentenced for fraud

Published September 24, 2024 3:00am ET



Caroline Ellison, the ex-girlfriend and top executive in Sam Bankman-Fried’s cryptocurrency empire, will be sentenced Tuesday for her role in the collapse of the crypto exchange FTX and its affiliated hedge fund Alameda Research.

Ellison’s defense team and prosecutors have asked Judge Lewis Kaplan for leniency, claiming her testimony against Bankman-Fried was key in the federal government’s case against him.

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