Today's Video Headlines: 9/23/24
’s fallen FTX cryptocurrency empire, faces the possibility of years in prison when she is sentenced Tuesday for fraud, but prosecutors said she deserves leniency for her “extraordinary cooperation” as they investigated the company.In a court filing, prosecutors said said her testimony was the “cornerstone of the trial” against Bankman-Fried, 32, who was found guilty of fraud and sentenced to 25 years in prison.
One of America's most iconic retail chains — once frequented by Martha Stewart — set to close last full-size store in USFTX was one of the world’s most popular cryptocurrency exchanges, known for its Superbowl TV ad and its extensive lobbying campaign in Washington, before it collapsed in 2022. “From the start, Mr. Bankman-Fried’s behavior was erratic and manipulative. He initially professed strong feelings for Caroline and suggested their liaison would develop into a full relationship. But after a few weeks, he would ‘ghost’ Caroline without explanation, avoiding her outside of work and refusing to respond to messages that were not work-related,” her lawyers said.
“In her many meetings with the Government, Ellison approached her cooperation with remarkable candor, remorse, and seriousness,” they wrote.
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Former FTX executive Caroline Ellison faces sentencingA former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire faces the possibility of years in prison when she is sentenced Tuesday for fraud.
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Former FTX executive Caroline Ellison faces sentencingNEW YORK (AP) — Caroline Ellison, a former top executive in Sam Bankman-Fried ’s fallen FTX cryptocurrency empire, faces the possibility of years in
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Former FTX executive Caroline Ellison faces sentencingA former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire faces the possibility of years in prison when she is sentenced Tuesday for fraud.
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Former FTX executive Caroline Ellison urges leniency ahead of sentencing in crypto fraud caseEllison cited her testimony against ex-boyfriend Sam Bankman-Fried.
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Former FTX Executive Caroline Ellison's Sentencing Hearing Set for Sept. 24Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
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FTX Witness Caroline Ellison Doesn't Deserve Prison Time, Defense ArguedCaroline Ellison, a key witness in the FTX trial, is being recommended for leniency by her defense attorneys who argued she deserves no prison time for her role in the crypto exchange's collapse. They highlighted Ellison's cooperation with prosecutors and her remorse for her actions.
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