When crypto fraudster Sam Bankman-Fried went on trial in 2023, the prosecution’s star witness was on-again, off-again girlfriend Caroline Ellison, who was CEO of his trading firm and whose testimony helped put him in prison for 25 years. Now, Ellison will face the court again—this time to plead for leniency as a judge prepares to sentence her for her own role in the collapse of FTX.
On Tuesday night, Ellison’s attorneys filed a 67-page memorandum detailing her cooperation with prosecutors and FTX’s bankruptcy estate, and asking that she avoid any jail time for her involvement in FTX’s collapse. They also filed nearly 40 letters in support from her friends and family, along with representatives of the FTX bankruptcy estate, including CEO John Ray.
