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The Independent UK

National

Via AP news wire

Caroline Ellison begins 2-year sentence for her role in Bankman-Fried's FTX fraud

Caroline Ellison FTX Sam Bankman-Fried Prison Cryptocurrency

Caroline Ellison - (Copyright 2023 The Associated Press. All rights reserved.)

Caroline Ellison, a former top executive in Sam Bankman-Fried ’s fallen FTX cryptocurrency empire, began her two-year prison sentence Thursday for her role in a fraud that cost investors, lenders and customers billions of dollars.

Ellison, 30, reported to the federal prison in Danbury, Connecticut, according to the Federal Bureau of Prisons. She had pleaded guilty and testified extensively against Bankman-Fried, her former boyfriend, before he was convicted and sentenced to 25 years in prison.

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