Caroline Ellison, the previous CEO of FTX affiliate Alameda Analysis, was sentenced to 2 years in jail on Tuesday.
Ellison pleaded responsible to conspiring with FTX's Sam Bankman-Fried to steal $8 billion in buyer funds, however was a particularly cooperative witness and helped legislation enforcement examine the large fraud scheme. Her two-year sentence is in stark distinction to Bankman-Frieda's 25-year sentence.
Though he’s presently in jail, Bankman-Fried continued to attraction the sentence. In contrast to Ellison, the previous FTX founder has pleaded not responsible. Two different former FTX executives, Gary Wang and Nishad Singh, are awaiting sentencing.
