Caroline Ellison, former co-CEO of Alameda Research and a central figure in the FTX fraud case, recently began serving her two-year prison sentence in Danbury, Connecticut.
After pleading guilty to fraud, she provided key testimony against FTX founder Sam Bankman-Fried, describing his influence over her actions and the risky financial moves that led to FTX's downfall.
Her cooperation and remorse led to a reduced sentence, as the judge noted her invaluable role in exposing the fraud.
Meanwhile, other former FTX leaders, like Nishad Singh, are also facing sentencing for their involvement