FTX Collapse: Why Caroline Ellison Can Walk Away With No Jail Term?

Quick Summary:

On Tuesday, Alameda Research’s former chief Caroline Elison will be facing her own sentencing for her involvement in the FTX collapse back in November 2022.

Furthermore, Ellison will face restrictions on trading in crypto and non-crypto markets or traveling abroad.

Despite her involvement in fraudulent activities, “she did not have the same control or directorial authority as SBF, which will likely influence the judge’s decision about imposing a light sentence,” said Perry.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Caroline Ellison FTX crypto 24/7 Cryptocurrency News Crypto exchange FTX Sam Bankman-Fried

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 12:20:02 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 13 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 22695353

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