Lawyers for Newton native Caroline Ellison have requested no prison time at her sentencing for fraud charges related to the collapse cryptocurrency empire FTX. Ellison pleaded guilty and is set to be sentenced later this month. Her lawyers cited her immediate and extensive cooperation with U.S. authorities.
Caroline Ellison exits Manhattan federal court after testifying, Tuesday, Oct. 10, 2023, in New York. ’s collapsed cryptocurrency empire and his former girlfriend, is seeking no prison time at her sentencing later this month., made the request shortly before midnight Tuesday in a filing in Manhattan federal court in advance of a sentencing scheduled for Sept. 24.
“Caroline blames no one but herself for what she did,” the lawyers wrote. “She regrets her role deeply and will carry shame and remorse to her grave.” She testified at trial that that she divulged a massive fraud to employees even before FTX filed for bankruptcy in November 2022. Since testifying at Bankman-Fried's trial, Ellison has continued to suffer even as she has engaged in extensive charity work, written a novel and worked with her parents on a math enrichment textbook for advanced high school students, according to her lawyers.
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