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Caroline Ellison, whose testimony helped convict Sam Bankman-Fried, sentenced to two years in prison
A federal judge sentenced FTX co-founder Sam Bankman-Fried’s former girlfriend to two years in prison, citing her extensive cooperation with prosecutors that led to the conviction of the former face of the cryptocurrency industry in one of the largest financial frauds in US history.
A federal judge sentenced FTX co-founder Sam Bankman-Fried’s former girlfriend to two years in prison, citing her extensive cooperation with prosecutors that led to the conviction of the former face of the cryptocurrency industry in one of the largest financial frauds in US history. In a memo to Judge Lewis Kaplan last week, prosecutors praised Ellison’s candor and “substantial assistance” in the investigation — a fact that played a role in her sentencing despite facing a similar list of charges as Bankman-Fried. From the start, Ellison was the prosecution’s star witness — someone who worked hand in glove with Bankman-Fried and who kept a contemporaneous diary chronicling the ups and downs of their business and their often-rocky romantic relationship.
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