Caroline Ellison, former FTX executive, seeks leniency in sentencing for financial fraud, citing cooperation against ex-boyfriend Sam Bankman-Fried.

Caroline Ellison, a former FTX executive, is seeking leniency in her upcoming sentencing for her role in a major financial fraud. Her attorneys argue for no prison time, citing her significant cooperation against ex-boyfriend Sam Bankman-Fried, who was convicted and sentenced to 25 years. Federal prosecutors appear supportive of her request, acknowledging her cooperation as crucial for the prosecution. Sentencing recommendations align with probation officials' suggestion of time served plus three years supervised release.

September 23, 2024
265 Articles