Caroline Ellison, former CEO of Alameda, will return to court on September 24 to be sentenced for misusing FTX user funds. She has pleaded guilty and cooperated with prosecutors, which could result in a lighter sentence than SBF. 🤔
- Ellison could face up to 110 years in prison, but is likely to get a reduced sentence for her cooperation.
- SBF was sentenced to 25 years in prison and is appealing.
- Other colleagues such as Gary Wang and Nishad Singh are also awaiting trial.
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