• 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

Coinbase to Suspend Trading Pairs in December 2025

chest

Coinbase Global, Inc will suspend trading for specific order books, including ANKRGBP and AXSEUR, effective December 15, 2025, to consolidate liquidity and improve market health.

user avatarTomas Novak

Experts Highlight Lack of Evidence Linking XRP Prices to ETF Inflows

chest

Experts highlight the lack of credible data connecting XRP price movements to ETF inflows.

user avatarKaterina Papadopoulou

Bitcoin's Price Action Remains Choppy Amid Key Support Levels

chest

Bitcoin's price is currently rangebound between critical zones, with buyers supporting the lower end.

user avatarMaya Lundqvist

Phantom Integrates Kalshi's Prediction Markets for 20 Million Users

chest

Phantom has launched Kalshi-powered prediction markets within its wallet, enabling its 20 million users to trade tokenized positions on real-world outcomes.

user avatarLeo van der Veen

Critical Support Zone for TAO Identified

chest

Analyst Crypto Patel has identified the 262-215 range as a crucial support zone for TAO's price stability.

user avatarGustavo Mendoza

ADNOC Distribution to Accept AE Coin at Service Stations

chest

ADNOC Distribution will accept AE Coin, a dirham-pegged stablecoin, at around 980 service stations in the UAE, Saudi Arabia, and Egypt to enhance digital payment systems.

user avatarAisha Farooq

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.