What Caroline Ellison's sentence means for her net worth as FTX fraudster prepares for two years in prison
What Caroline Ellison's sentence means for her net worth as FTX fraudster prepares for two years in prison
As Caroline Ellison sobbed in court, she knew that the life-shattering consequences of the crimes she once thought she could get away with were about to be laid bare. Moments later, the former CEO of Alameda Research learned she'd be spending two years in prison, a sentence far stricter than experienced observers were expecting. But what about the riches she amassed by defrauding her victims? Ellison, the ex-girlfriend of former FTX boss Sam Bankman-Fried, had previously admitted that she conspired with him and others to steal $8 billion from customers who traded cryptocurrency on the FTX exchange.
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