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Former Alameda Research CEO Caroline Ellison will face sentencing on September 24. In court documents filed on September 17, US prosecutors cited Ellison's "extraordinary co-operation" in the case against former FTX CEO Sam Bankman-Fried, providing "credible and robust testimony" to the trial, and coming clean about her serious wrongdoing in the FTX debacle. Despite her involvement in wrongdoing, prosecutors place primary responsibility on Bankman-Fried. Ellison has previously pleaded guilty to ...

2024-09-18 07:02:13