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Caroline Ellison begins 2-year sentence for role in Bankman-Fried's FTX fraud
A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire has begun her two-year prison sentence
A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire has begun her two-year prison sentence DANBURY, Conn. -- Caroline Ellison, a former top executive in Sam Bankman-Fried ’s fallen FTX cryptocurrency empire, began her two-year prison sentence Thursday for her role in a fraud that cost investors, lenders and customers billions of dollars. FTX was one of the world’s most popular cryptocurrency exchanges, known for its Super Bowl TV ad and its extensive lobbying campaign in Washington, before it collapsed in 2022.
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