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Caroline Ellison sentenced to two years in jail for role in FTX fraud


The star witness of Sam Bankman-Fried’s trial has her day in court.

She was the only coconspirator who did not have equity in Alameda or FTX, and “the government found no evidence that Ellison enjoyed the wealth generated by the fraud,” prosecutors wrote. Her diaries have been splashed across the pages of The New York Times, her psychiatrist gave an interview about her to Michael Lewis for his book Going Infinite, and she was derided in shockingly misogynistic language by large chunks of the crypto community she’d once been a part of. This account was corroborated by the prosecution, who wrote, “The government cannot think of another cooperating witness in recent history who has received a greater level of attention and harassment.”

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