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FOUND: 5 | Mind Blowing Facts

A tearful Caroline Ellison is sentenced to two years in prison for her part in the FTX collapse: 'I'm sorry I wasn't brave'

A judge recognized Ellison's cooperation but still ruled against her lawyer's request for no jail time.

Fortune

Sam Bankman-Fried’s ex says the ‘brain is truly bad at understanding big numbers’ as she gets 2 years for FTX fraud

Appreciative prosecutors said Ellison’s cooperation was “critical to indict and convict” on-again, off-again lover and disgraced FTX boss Sam Bankman-Fried, who is now serving 25 years in prison

The Independent UK

Caroline Ellison wrote a Bridgerton-esque romance novel while waiting to be sentenced over FTX

She’s also helped her professor parents write a math textbook, and another novel is in the works, her mother wrote in a testimony.

Fortune

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Diddy and Sam Bankman-Fried are sharing a prison cell

The disgraced celebrities have reportedly been moved to the same unit of the Metropolitan Detention Center as they await ongoing trials.

Fortune

Caroline Ellison sentenced to two years after serving as star witness against FTX’s Sam Bankman-Fried

Ex-Alameda CEO and ex-girlfriend of fallen crypto mogul pleaded guilty, but prosecutors requested lenient sentence

The Guardian - US

Former FTX Executive Faces Sentencing After Fraud Conviction

Former FTX executive Caroline Ellison faces sentencing for fraud after cooperating in trial against founder. Prosecutors seek leniency for her role.

Top News

Sam Bankman-Fried encouraged Adderall use says ex-girlfriend Caroline Ellison in bid to avoid prison

The former Alameda Research CEO asked prosecutors for no prison time ahead of her sentencing later in September.

Fortune

Key witness in trial of FTX founder Sam Bankman-Fried seeks no prison time at upcoming sentencing

Caroline Ellison, a former top executive in FTX founder Sam Bankman-Fried's collapsed cryptocurrency empire, is seeking no prison time at her sentencing later this month

The Independent UK

New campaign finance violation case illustrates that the FTX criminal saga may be far from over after DOJ charges crypto lobbyist

The Department of Justice charged crypto lobbyist Michelle Bond with illegally financing her congressional campaign with FTX funds.

Fortune

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Fortune

Schumer joins growing chorus of pro-crypto Democrats—but Harris keeps silent for now

A new grassroots organization is trying to stop the Trump crypto wave by hosting a town hall with top politicians and industry leaders.

Fortune

Nate Silver charts the course of risk-taking, from Sam Bankman-Fried to Sam Altman

For Nate Silver poker, Sam Bankman-Fried, and the future of AI are all connected by one thing—risk-taking.

International Business Times

US Orders FTX, Alameda To Pay $12.7 Bn To Victims

Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday.

The Guardian - UK

Bankrupt crypto exchange FTX ordered by US court to pay customers $12.7bn

Compensation order comes five months after founder Sam Bankman-Fried was jailed for role in collapse

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The Independent UK

FTX ordered to pay $12.7 billion in massive crypto fraud case

Sam Bankman-Fried, the founder of FTX, was sentenced in March to 25 years in prison for stealing $8 billion from customers

The Guardian - UK

On the Edge by Nate Silver review – the art of risk-taking

From card sharps to crypto traders, a statistician asks what we can learn from the people prepared to gamble everything

International Business Times

3 Groups File Competing Claims For Sam Bankman-Fried's $11B Forfeited Assets

Sam Bankman-Fried was ordered to forfeit $11 billion in assets after he was found guilty of fraud and other related charges late last year, and now three separate groups are claiming all or some of the assets linked to the collapse of the FTX crypto empire.

The Guardian - US

Sam Bankman-Fried funded a group with racist ties. FTX wants its $5m back

The Guardian reveals FTX trustees, in charge after the CEO’s downfall, allege payments were made with looted funds

The Guardian - UK

The big idea: is it OK to do wrong for the greater good?

Jailed tycoon Sam Bankman-Fried believed altruism justified his actions. Was he right?

Fortune

Former FTX executive Ryan Salame is not pleased with his prison sentence

Despite pleading guilty, Sam Bankman-Fried's former lieutenant received a harsher sentence than prosecutors asked for—and took to X to voice his displeasure.

Top News

Former FTX Executive Sentenced To 90 Months In Prison

Former FTX executive sentenced to 90 months in prison for unlawful campaign donations linked to embezzlement case.

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