🔥Despite Caroline Ellison's full cooperation in the FTX case, the judge ruled that Caroline was sentenced to 2 years in prison.
In addition, Caroline must also forfeit approximately $11 billion earned from FTX.
Updates from the FTX team:
- Former FTX CEO Sam Bankman-Fried (32) was sentenced to 25 years in prison.
- Former FTX Digital Markets co-CEO Ryan Salame (30) was sentenced to 7.5 years in prison.
- Former Alameda CEO Caroline Ellison (30) was sentenced to 2 years in prison on September 24.
- Former FTX technical director Nishad Singh (27) and co-founder Gary Wang (31) also pleaded guilty to criminal charges and will be sentenced on October 30 and November 20, respectively.