Results for: Caroline Ellison

Caroline Ellison, former CEO of Alameda Research, has agreed to surrender most of her assets to settle a lawsuit filed by the FTX bankruptcy estate. The settlement follows Ellison’s sentencing to two years in prison for her role in the FTX collapse. This significant development marks a step towards recovering funds for FTX creditors and brings the exchange’s two-year bankruptcy process closer to closure.

Caroline Ellison, a key figure in the FTX scandal and former romantic partner of Sam Bankman-Fried, has been sentenced to 24 months in prison. Judge Lewis Kaplan, who also presided over Bankman-Fried’s trial, praised Ellison’s extensive cooperation in the case but emphasized the severity of the crime, stating that cooperation cannot be a ‘get out of jail free card.’