Caroline Ellison Starts Prison Sentence for FTX Fraud

Caroline Ellison, former CEO of Alameda Research and key witness in the case against FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday. In September, the court sentenced Ellison to two years in prison and ordered her to forfeit $11 billion for her role in the fraud and conspiracy that collapsed the cryptocurrency The post Caroline Ellison Starts Prison Sentence for FTX Fraud appeared first on CoinGape.