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👧FTX COLLAPSE INVOLVED CAROLINE ELLISON BEGINS SERVING TWO-YEAR PRISON SENTENCE FOR ROLE IN FTX COLLAPSE Caroline Ellison, former co-CEO of Alameda Research and ex-girlfriend of Sam Bankman-Fried, has started her two-year prison sentence at the Federal Correctional Institution in Danbury, Connecticut, after pleading guilty to multiple fraud charges. Ellison played a key role in the FTX collapse, testifying that Bankman-Fried directed her actions. She expressed remorse during sentencing, apologizing for the impact on investors. Other FTX executives, including former engineering director Nishad Singh and co-CEO Ryan Salame, have faced sentencing, with Singh receiving supervised release and Salame serving seven and a half years. Source: The Block
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JUST IN: 🇨🇳 Chinese media is reporting on Donald Trump's plans to "make the US the world's crypto capital and establish a strategic #Bitcoin reserve." All other Nation should opt same strategy
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