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International Business Times
International Business Times
Business
Marvie Basilan

Caroline Ellison Wants No Prison Time For Role In FTX Collapse

Caroline Ellison FTX Sam Bankman-Fried Alameda Prison Bankman SBF Crypto Michelle Bond
Sam Bankman-Fried's former girlfriend, Caroline Ellison, walks through security at Manhattan Federal Court on October 10, 2023, in New York. (Credit: AFP)

KEY POINTS

  • Ellison's lawyers said the former Alameda CEO deserves time served due to her star witness role in SBF's trial
  • They said she wasn't a threat to the public and accepted responsibility for her role in FTX's collapse
  • Some crypto users believe she should get jail time since she also had a hand in the fraud

Caroline Ellison, a former top executive at collapsed cryptocurrency exchange FTX and the ex-girlfriend of FTX founder Sam Bankman-Fried who played a role in the theft of $8 billion from FTX customers, now seeks leniency. She had pleaded guilty to multiple fraud and conspiracy charges in relation to the exchange's meltdown.

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