The former executive of the collapsed cryptocurrency exchange FTX, Caroline Ellison, is set to be sentenced on Tuesday for her role in the sensational fraud case.
What Happened: Prosecutors have requested a lighter sentence for Ellison, highlighting her “extraordinary cooperation” in the investigation, according to a report by AP News on Monday. Her legal team has also sought leniency, citing her testimony and the emotional distress caused by her on-and-off romantic relationship with disgraced founder Sam Bankman-Fried (SBF). However, they stressed that Ellison is not avoiding accountability for her actions.
Ellison, who confessed her guilt nearly two years ago, provided crucial testimony against SBF in a trial last November. Her evidence played a significant role …
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