Caroline Ellison sentenced to two years in jail for role in FTX fraud
Briefly

Judge Lewis Kaplan commented on Ellison's unprecedented cooperation, stating, "I've seen a lot of cooperators in 30 years. I've never seen one quite like Ms. Ellison." This highlights her significant role in the case against Bankman-Fried.
The prosecution emphasized the importance of Ellison's swift admissions, noting, "the speed at which she came clean made it possible to indict her ex-boyfriend Bankman-Fried quickly, ensuring that he did not flee the Bahamas or further obstruct the government's investigation."
John J. Ray, the new CEO responsible for resolving the FTX issues, praised Ellison's help, saying her "early cooperation" was instrumental in recovering debtors' assets, showcasing her significant contribution post-FTX's collapse.
Read at The Verge
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