• 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

Steak n Shake Reports Increased Sales After Accepting Bitcoin Payments

chest

Steak n Shake has reported increased same-store sales after accepting Bitcoin payments since May 2025.

user avatarTomas Novak

BNB Chain Enhances Ecosystem with New AI Agent Standards

chest

BNB Chain has rolled out support for AI agent standards ERC8004 and BAP578 to enhance the identity and functionality of autonomous AI agents.

user avatarEmily Carter

Crypto and Banking Industries Clash Over Stablecoin Yield

chest

Discussions between the crypto and banking industries regarding stablecoin yield have yet to reach a compromise, posing a significant hurdle for the CLARITY Act.

user avatarKaterina Papadopoulou

Analysis Reveals Distinct Selling Patterns on Upbit

chest

Dom's analysis of 82 million trades on Upbit shows a consistent negative net selling of XRP, with only one week out of 46 being positive.

user avatarMaya Lundqvist

CFTC Chair Optimistic About CLARITY Act's Future

chest

CFTC Chair Mike Selig is optimistic about the CLARITY Act's progress in Congress, aiming to establish clear rules for digital asset markets in the U.S.

user avatarLeo van der Veen

Stablecoin Reserve Dynamics Shift Amid Market Decline

chest

Stablecoin reserves peaked before a price decline and have since reversed significantly.

user avatarLi Weicheng

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.