Caroline Ellison, key FTX trial witness, pursues no prison time at her sentencing in September.

Caroline Ellison, former CEO of Alameda Research and key witness in the FTX trial, is seeking no prison time at her sentencing set for September 24. Her lawyers highlighted her extensive cooperation with U.S. authorities following FTX's collapse in November 2022, and the court's Probation Department recommended no prison time. Ellison pleaded guilty nearly two years ago and testified against Sam Bankman-Fried, who received a 25-year sentence.

September 11, 2024
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