Caroline Ellison Begins Prison Sentence for FTX Fraud
Caroline Ellison began serving a 2years sentence on November 7th for her role in the FTX fraud, along with an $11 billion forfeiture. Thursday marked the day that Caroline Ellison, a former chief executive officer of Alameda Research and a key witness in the prosecution against Sam Bankman-Fried, the founder of FTX, reported to a […]
FTX Settlement Forces Caroline Ellison to Surrender All Assets
FTX is seeking court approval for a settlement requiring former Alameda Research CEO Caroline Ellison to transfer nearly all her assets to the company’s creditors. Caroline Ellison, the former CEO of Alameda Research, has been compelled to transfer nearly all of her assets to FTX creditors to obtain court sanction for a settlement. Ellison’s motion, […]
Caroline Ellison Sentenced to 2 Years for role in FTX Crypto Fraud
District Judge Lewis A. Kaplan has sentenced former Alameda Research CEO Caroline Ellison to two years in jail. Her role in the demise of the cryptocurrency exchange FTX and the hedge fund connected to it, Alameda Research, has played a pivotal role in one of the worst financial scandals in American history. Ellison collaborated with […]