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Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison

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However, FTX was one of many biggest monetary frauds ever perpetrated on this nation, he famous, and cooperation wasn’t sufficient to spare Ellison a spot in jail. “In a case this critical, to be actually a ‘get out of jail free’ card isn’t one thing I can see my approach by means of to,” Kaplan mentioned, earlier than asking Ellison to rise and obtain her sentence of 24 months in jail. As a result of the crime is federal, Ellison will serve a minimum of 75% of her sentence earlier than being eligible for parole.



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