Caroline Ellison Is Finally Getting Sentenced Over FTX’s Collapse

Last year, during the sprawling criminal trial of Sam Bankman-Fried, the most important witness against the crypto fraud was his former girlfriend and employee, Caroline Ellison. The 29-year old was the CEO of SBF’s hedge fund, Alameda Research, which was the key channel through which he defrauded millions of customers of his crypto exchange, FTX, out of about $9 billion in deposits. Ellison — who had already pleaded guilty to fraud and conspiracy charges earlier in 2023 ...