Caroline Ellison Starts 2-Year Prison Term for FTX Fraud Involvement

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Source: ABC News
TL;DR

Caroline Ellison, former CEO of Alameda Research and a key figure in the FTX cryptocurrency fraud, has begun her two-year prison sentence in Danbury, Connecticut. Ellison, who cooperated with prosecutors and testified against her former boyfriend Sam Bankman-Fried, received a reduced sentence for her role in the scheme that defrauded investors and customers of billions. Bankman-Fried was sentenced to 25 years in prison for his involvement in the collapse of FTX, which was once a leading cryptocurrency exchange.

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