Ellison stated in her testimony, "I've seen a lot of cooperators in 30 years here. I've never seen one quite like Ms. Ellison," emphasizing her significant cooperation in the trial.
U.S. District Judge Lewis Kaplan remarked that her cooperation was "very, very substantial" but acknowledged the necessity of her two-year prison sentence for her role in the fraud.
Ellison admitted in court, "Alameda took several billion" of FTX customer funds for its own investments, highlighting the depth of the fraud she was involved in.
In her apology, Ellison expressed, "I'm deeply ashamed with what I've done," reflecting her remorse for the impact of her actions on investors.
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