Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud

Kaplan
noted
Ellison’s
cooperation,
saying
“I’ve
seen
a
lot
of
cooperators
in
30
years
here,
I’ve
never
seen
one
quite
like
Miss
Ellison.”

Nevertheless,
FTX
was
one
of
the
greatest
financial
frauds
ever
perpetrated
in
this
country,
he
noted,
and
cooperation
wasn’t
enough
to
spare
Ellison
a
spot
in
prison.
“In
a
case
this
serious,
to
be
literally
a
‘get
out
of
jail
free’
card
is
not
something
I
can
see
my
way
through
to,”
Kaplan
said,
before
asking
Ellison
to
rise
and
receive
her
sentence
of
24
months
in
prison.
Because
the
crime
is
federal,
Ellison
will
serve
at
least
75%
of
her
sentence
before
being
eligible
for
parole.