• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Caroline Ellison’s Attorneys Request Leniency in Sentencing

user avatar

by Giorgi Kostiuk

a year ago

  1. Bankman-Fried and False Balance Sheets
  2. Caroline Ellison: Facing Up to 110 Years
  3. Upcoming Court Hearings


    4. Attorneys for Caroline Ellison, former CEO of Alameda Research, have requested that she be spared a prison sentence for her role in the FTX collapse, citing her extensive cooperation in the investigation against Sam Bankman-Fried.

    Bankman-Fried and False Balance Sheets

    Ellison provided key testimony in court, leading to Bankman-Fried's 25-year prison sentence. She detailed how Bankman-Fried instructed her to compile misleading balance sheets for investors and spoke openly about the risky investments FTX undertook, knowing the potential negative outcomes.

    Caroline Ellison: Facing Up to 110 Years

    Ellison pleaded guilty to seven counts of fraud, money laundering, and securities fraud tied to FTX and Alameda Research funds. While she faces a maximum sentence of 110 years, legal experts suggest her cooperation and testimony could lead to a lighter sentence. Her sentencing hearing is scheduled for September 24.

    Ellison poses no risk of recidivism and presents no threat to public safety.None

    Upcoming Court Hearings

    Court hearings for former FTX engineering director Nishad Singh and co-founder Gary Wang are set for October 30 and November 20, respectively. Both have also pleaded guilty.

    The outcome of Caroline Ellison’s hearing could significantly impact the ongoing investigation and legal repercussions for other parties involved in the FTX collapse.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

New Biodata Platform Promotes Neutral Interoperability

chest

The new platform promotes neutral interoperability, allowing any compliant buyer or device to participate.

user avatarKaterina Papadopoulou

New Direct Compensation Model Ensures Fair Payment for Biodata

chest

A new direct compensation model has been introduced, where researchers pay users directly for access to their biodata, ensuring transparency in payments.

user avatarMaya Lundqvist

New Portable Permissions Enhance User Control Over Data Sharing

chest

A new system introduces portable permissions that are cryptographically attached to the data itself, allowing users to share their data with researchers under specific conditions.

user avatarLeo van der Veen

BUIDL and Superstate Drive Onchain Treasury Adoption

chest

BUIDL and Superstate are pioneering onchain Treasuries, making them accessible and compliant for institutional use.

user avatarTomas Novak

Onchain US Treasuries Revolutionize Global Capital Infrastructure

chest

Onchain US Treasuries have evolved into a new interest rate infrastructure, enabling global access to the US Treasury yield curve.

user avatarKaterina Papadopoulou

Etherealize Report Reveals ETH L2s as Game Changers for Finance

chest

The Etherealize report highlights the transformative role of Ethereum Layer 2 solutions (ETH L2s) in institutional finance, emphasizing their benefits in cost efficiency, speed, and enhanced privacy.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.