đ Crypto Breaking News: Lawyers for former Alameda Research CEO Caroline Ellison are asking for her to receive only credit for time served after pleading guilty to 7 charges related to the collapse of FTX.
đ On September 10, in the Southern District of New York, Ellison's legal team submitted letters from friends, colleagues, and family advising her to receive a light sentence. They recommended credit for time served and 3 years of supervised release.
đ PSR said Caroline has cooperated well with the government and has a clean record. She poses no danger to the public and has made a positive contribution to society since the collapse of FTX.
âïž Caroline pleaded guilty to 7 charges of fraud and money laundering in December 2022 and testified at Sam Bankman-Fried's trial in October 2023.
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