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Caroline Ellison's Fall from Grace: Sentenced for Role in One of History's Biggest Financial Frauds
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📼 VIDEO DESCRIPTION
Former Alameda Research CEO, Caroline Ellison, has been sentenced to two years in prison and ordered to forfeit $11 billion for her role in the FTX cryptocurrency fraud. Once a close associate of Sam Bankman-Fried, Ellison cooperated extensively with federal authorities, providing key testimony that played a major role in the case. Judge Kaplan praised her cooperation but emphasized the necessity of accountability. The sentence reflects a balance between her involvement in the fraud and her contributions to the investigation. Watch the full video for details on the trial, the sentencing, and Ellison's future.
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