According to BlockBeats, on September 25, Fortune magazine reported that U.S. Judge Lewis Kaplan sentenced Caroline Ellison, former CEO of Alameda Research and ex-girlfriend of Sam Bankman-Fried (SBF), to two years in federal prison.

Ellison is scheduled to begin her sentence in early November and will be placed in a minimum-security prison. The judge approved Ellison's request to serve her sentence in a prison near Boston to be close to her family.