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International Business Times
International Business Times
Business
Bruce Golding

Fraudster Sam Bankman-Fried's Former Girlfriend Sentenced In $11B FTX Collapse

Caroline Ellison (R) leaves court after testifying against former boyfriend Sam Bankman-Fried on Oct. 10, 2023, in New York City. (Credit: Michael M. Santiago/Getty Images)

Convicted cryptocurrency fraudster Sam Bankman-Fried's former girlfriend was sentenced Tuesday to two years in prison for her role in the $11 billion collapse of his FTX exchange and Alameda Research hedge fund.

Caroline Ellison, who struck a plea deal with prosecutors and served as the star witness at Bankman-Fried's trial, grew teary while apologizing in U.S. District Court in New York City, Bloomberg reported.

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