Caroline Ellison, former chief executive officer of Alameda Research LLC, exits court in New York, US, on Thursday, Oct. 12, 2023. Ellison, ex-girlfriend of FTX co-founder Sam Bankman-Fried, outlined for a New York jury Wednesday how she worked with Sam Bankman-Fried to deceive lenders and customers to build his multi-billion dollar cryptocurrency empire, and their failed attempts to prevent a spectacular collapse. Photographer: Stephanie Keith/Bloomberg via Getty Images (Credit: Stephanie Keith/Bloomberg via Getty Images)
One thing Caroline Ellison’s lawyers and family members want you to know about her: She’s “a young person of enormous talent and promise, with a deep commitment to helping others.” Another: She’s a newly minted romance novelist.
Ellison, 29, will learn whether or not she’s going to prison Tuesday afternoon, for her work heading up Alameda Research, FTX’s trading arm. The collapse of the crypto exchange that was once worth over $30 billion ranks among the world’s biggest financial frauds.
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