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It is likely that Sam Bankman-Fried's top allies, Caroline Ellison, Gary Wang, and Nishad Singh, will be sentenced but get little or no prison time
Sam Bankman-Fried's trial enters into its seventh day, with witnesses testifying Alameda and FTX's mishaps led to an industry-wide cascading effect.
Caroline Ellison was CEO at FTX's sister firm, Alameda Research, as well as Sam Bankman-Fried's ex-girlfriend. The 28-year-old is expected to take the stand after FTX co-founder Gary Wang.
The US Department of Justice (DoJ) has attributed a leak of Caroline Ellison’s personal diary excerpts, recently featured in a New York Times piece, to her ex-lover, Sam Bankman-Fried. Caroline Ellison, previously in a romantic relationship with SBF, was the…
Caroline Ellison, the former CEO of Alameda Research, has admitted to deliberately deceiving lenders about loan amounts they took from FTX, along with co-founder Sam Bankman-Fried.
Caroline Ellison, former CEO of Alameda Research, could potentially avoid all seven counts of allegations against her in the ongoing FTX investigation through a plea deal.