Caroline Ellison, the previous CEO of FTX affiliate Alameda Analysis, was sentenced to 2 years in jail on Tuesday.
Though Ellison pleaded responsible to conspiring with FTX's Sam Bankman Freed to steal $8 billion price of consumer funds, she was a extremely cooperative witness and helped legislation enforcement examine the large fraud scheme. Her two-year sentence stands in stark distinction to Bankman Freed's 25-year sentence.
Bankman Freed is presently in jail however continues to attraction his sentence. Not like Ellison, the previous FTX founder maintains his innocence. Two different former FTX executives, Gary Wang and Nishad Singh, are awaiting sentencing.
