Caroline Ellison, Sam Bankman-Fried's ex-lover, begins 2-year prison sentence

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Caroline Ellison, Sam Bankman-Fried's ex-lover, begins 2-year prison sentence
US NewsCaroline EllisonCryptocurrency
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Ellison, 30, reported to the federal prison in Danbury, Connecticut.

Ellison, 30, reported to the federal prison in Danbury, Conn., according to the Federal Bureau of Prisons . She had pleaded guilty and testified extensively against

Ellison could have faced decades in prison herself, but both the judge and prosecutors said she deserved credit for her cooperation. Caroline Ellison testified extensively against Sam Bankman-Fried, her former boyfriend, before he was convicted and sentenced to 25 years in prison.Ellison could have faced decades in prison herself, but both the judge and prosecutors said she deserved credit for her cooperation. Above, Ellison testifying in court in September.At her sentencing hearing in New York in September, she tearfully apologized and said she was “deeply ashamed.

Ellison was chief executive at Alameda Research, a cryptocurrency hedge fund controlled by Bankman-Fried.US prosecutors accused Bankman-Fried and other top executives of looting customer accounts on the exchange to make risky investments, make millions of dollars of illegal political donations, bribe Chinese officials and buy luxury real estate in the Caribbean.

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