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Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years for Role in FTX Fraud
NEWSSEP 25, 2024
Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years for Role in FTX Fraud
Ellison cooperated with authorities but will forfeit $11 billion and serve time at a minimum-security facility.
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Sam Bankman-Fried Receives 25-Year Prison Sentence
NEWSAPR 1, 2024
Sam Bankman-Fried Receives 25-Year Prison Sentence
After a concise hearing, a judge sentenced Sam Bankman-Fried to a quarter-century behind bars. Despite efforts to secure leniency, Bankman-Fried faces a significant 25-year prison term due to his involvement in the collapse of the FTX exchange and Alameda Research trading firm.
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