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Al Jazeera
Al Jazeera
Business

FOUND: Former ftx executive caroline ellison sentenced to two years for fraud | Mind Blowing Facts

Caroline Ellison, the former CEO of Alameda Research, exits the Manhattan federal court after testifying against Sam Bankman-Fried on October 10, 2023 [Eduardo Munoz Alvarez/AP]

Caroline Ellison, the former business partner and girlfriend of cryptocurrency fraudster Sam Bankman-Fried, has been sentenced to two years in prison for her role in one of the biggest financial frauds in history.

Ellison, the CEO of Alameda Research and Bankman-Fried’s on-and-off girlfriend, was a key prosecution witness in last year’s trial that saw the founder of ill-fated crypto exchange FTX sentenced to 25 years in prison.

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