Caroline Ellison, a former top adviser to Sam Bankman-Fried, received a two-year prison sentence for her role in the $8 billion FTX fraud, expressing deep remorse for her actions.
Judge Kaplan acknowledged Ellison's genuine remorse but emphasized the severity of the fraud, declaring he could not 'give her a get out of jail free card', underlining the need for accountability.
Ellison, who pleaded guilty to conspiring with Bankman-Fried, testified against him, highlighting the significant impact of the fraud on FTX customers, and expressing deep shame for the pain caused.
In a heartfelt statement to the court, Ellison expressed regret, stating, 'Not a day doesn't go by that I don't think of the people I hurt.', underscoring the emotional weight of her actions.
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