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Caroline Ellison, who helped convict Sam Bankman-Fried, sentenced to two years for FTX crypto fraud

www.bbc.com Caroline Ellison sentenced to two years in FTX crypto fraud

Ellison testified as a star witness against her ex-boyfriend and FTX's founder, Sam Bankman-Fried.

Caroline Ellison has been sentenced to two years in jail for her role in the collapse of the cryptocurrency exchange FTX, which has been described as one of biggest financial frauds in US history.

Ellison was a top executive at the firm and is also the ex-girlfriend of its founder, Sam Bankman-Fried, who was sentenced to 25 years in prison for stealing $8bn (£6.3bn) from customers.

As part of a plea deal, Ellison admitted charges including wire fraud and money laundering, and testified against Bankman-Fried.

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Coincidentally I just finished the Behind the Bastards update episode on the Bankman-Fried case from back in 2023. Apparently her diary was leaked by Sam to the press in an attempt to discredit her testimony which backfired on him lmao.

Good to see her also receive consequences.
- if you haven't seen it yet Coffeezilla on yt has made good videos on it and even went to the courtroom to watch it in person
She commited the ultimate crime: stealing from rich people
- she was stealing from cryptobros which is pretty funny and morally neutral, because cryptobros don't deserve having money
The picture of her, wow. She's only 30 and the pictures of her before the trial are much more inline with a 20 something. She's going to look like a 60 year old when she's done doing her time.
- Did I read it right that he got 25 years, and she got 110? And the 110 was a reduction after testifying against him?
  
  “She had faced a maximum sentence… of 110 years in prison.” She got 2, but the max would have been 110.
  
  She got 2 according to the headline
Wasn't this lady also playing the role of fucktoy for him? Those two going at it doesn't conjure a positive mental image.
- Worse, on her blog she conceived of herself as the chief consort in his harem in between sharing her thoughts on race science and Harry Potter house sorting quizzes.
  
  I can forgive stealing billions, but I draw the line at being a Harry Potter adult.
  
  If I say that's weird will someone from hexbear appear to tell me I'm kink shaming?
Headline rewrite because I had to read it 5 times to understand it:

Caroline Ellison, who then helped now ~~convited~~ convicted Sam Bankman-Fried in his FTX crypto fraud, is herself convicted and sentenced to two years for fraud

edit: fixed spelling thanks @shutz@lemmy.ca
- but she also spilled beans on SBF, that's why she's got only 2 years and not 25 like SBF despite being equally deep in the fraud
  
  Not equally deep:
  
  Her sentence was lower because she 1. regretted it and 2. didn't profit from the fraud according to the judge
- Reread your attempt again.
  
  Saw the spelling mistake, thanks! It is now even more clear that she wasn't sentenced to fraud because she helped convict Sam Bankman-Fried, but because of her own actions in committing fraud at the same time.
- I think you may have misunderstood the headline.
  
  It's not supposed to be "now convicted". She helped the lawyers make a case against SBF. She helped in the process of convicting him. She helped convict him. It's true that she did also help him do the naughty things but that's not what this headline is saying.
  
  Your version of the headline does not convey this aspect.
Well I know what prison gang her eugenicist ass is pledging
And to think she was allegedly getting more play than I have my whole life. Bizarre
- It's probably your personality.
  
  It usually is
  
  Idk hers is really bad.
  
  The big thing is she found her people. Weird losers who were into a crypto securities crime polycule, but hey, that’s who she was and who she was interested in.
She reminds me of Janet Fist, vigilante receptionist

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