Caroline Ellison -

Sam Bankman-Fried’s parents are seeking a presidential pardon from Trump

Joseph Bankman and Barbara Fried have met with lawyers and members of president Donald Trump’s administration Trump has already pardoned Silk Road creator Ross Ulbricht who served 12 years in prison Early Bitcoin investor Roger Ver, who faces a 109-year prison sentence, has also asked Trump to help him The parents of former FTX CEO […]

FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer

In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back the stake, amounting to $1.76bn in FTT, BNB, and BUSD The transfer was done by Alameda Research, which was insolvent at the time and couldn’t […]

FTX to fully repay investors after bankruptcy plan receives judge approval

FTX to repay 98% of its users around 119% of their claim value Distributions will be made to creditors across more than 200 jurisdictions FTX collapsed in November 2022 amid allegations of fraud and customer fund mismanagement A US judge has approved FTX’s bankruptcy plan to use billions of dollars in recovered assets to repay […]

Breaking: Caroline Ellison sentenced to 2 years in prison

The former head of Alameda Research will serve her sentence in a minimum-security prison. This post was originally published on this site

Ex-Alameda CEO Caroline Ellison Receives 24-Month Sentence

On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom banned cameras, video, and phone recordings during the sentencing. Even though the judge commended her in court, saying, “I’ve seen a lot of cooperators in […]

What to expect at Caroline Ellison’s sentencing hearing

The former Alameda Research CEO’s lawyers have requested time served, and prosecutors seemed flattering in their sentencing memo, but what will Judge Lewis Kaplan say on Sept. 24?This post was originally published on this site

US gov’t cites Caroline Ellison’s ‘extraordinary cooperation’ before sentencing

Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys.This post was originally published on this site

Former Alameda CEO Caroline Ellison Requests Leniency, Asks for No Prison Sentence

Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authorities and personal acceptance of responsibility for her actions. Caroline Ellison’s Lawyers Push for No Jail Time in FTX Fraud Case In […]

Ex-Alameda CEO was trying to prevent ‘AI disaster’ — former FTX employee

Caroline Ellison’s ex-boyfriend, Sam Bankman-Fried, was sentenced to 25 behind bars for his role in the collapse of the FTX exchange. This post was originally published on this site