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UNCOVERED: Former ftx executive faces sentencing after fraud conviction | History Defined

Caroline Ellison FTX Sam Bankman-Fried Alameda Research
Caroline Ellison former CEO of Alameda Research founded by Sam Bankman-Fried goes into a wrong car as she exits the Manhattan federal court after testifying on Tuesday, Oct. 10, 2023, in New Yo

Caroline Ellison, a former top executive in the now-defunct FTX cryptocurrency empire, is set to be sentenced for fraud after pleading guilty nearly two years ago. Ellison, 29, provided crucial testimony against Sam Bankman-Fried, the founder of FTX, who was recently sentenced to 25 years in prison for fraud.

Prosecutors have praised Ellison for her cooperation in the investigation, describing her testimony as the 'cornerstone' of the trial against Bankman-Fried. They have requested leniency for Ellison, citing her extensive cooperation and remorse for her actions.

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