Caroline Ellison has been sentenced to two years in jail for her role in the collapse of the cryptocurrency exchange FTX, which has been described as one of biggest financial frauds in US history.

Ellison was a top executive at the firm and is also the ex-girlfriend of its founder, Sam Bankman-Fried, who was sentenced to 25 years in prison for stealing $8bn (£6.3bn) from customers.

As part of a plea deal, Ellison admitted charges including wire fraud and money laundering, and testified against Bankman-Fried.

  • thisbenzingring@lemmy.sdf.org
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    12 hours ago

    The picture of her, wow. She’s only 30 and the pictures of her before the trial are much more inline with a 20 something. She’s going to look like a 60 year old when she’s done doing her time.

  • mctoasterson@reddthat.com
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    13 hours ago

    Wasn’t this lady also playing the role of fucktoy for him? Those two going at it doesn’t conjure a positive mental image.

  • Jaderick@lemmy.world
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    16 hours ago

    Coincidentally I just finished the Behind the Bastards update episode on the Bankman-Fried case from back in 2023. Apparently her diary was leaked by Sam to the press in an attempt to discredit her testimony which backfired on him lmao.

    Good to see her also receive consequences.

  • partial_accumen@lemmy.world
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    14 hours ago

    Headline rewrite because I had to read it 5 times to understand it:

    Caroline Ellison, who then helped now convited convicted Sam Bankman-Fried in his FTX crypto fraud, is herself convicted and sentenced to two years for fraud

    edit: fixed spelling thanks @[email protected]

    • skillissuer@discuss.tchncs.de
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      15 hours ago

      but she also spilled beans on SBF, that’s why she’s got only 2 years and not 25 like SBF despite being equally deep in the fraud

    • fine_sandy_bottom@lemmy.federate.cc
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      12 hours ago

      I think you may have misunderstood the headline.

      It’s not supposed to be “now convicted”. She helped the lawyers make a case against SBF. She helped in the process of convicting him. She helped convict him. It’s true that she did also help him do the naughty things but that’s not what this headline is saying.

      Your version of the headline does not convey this aspect.

      • partial_accumen@lemmy.world
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        14 hours ago

        Saw the spelling mistake, thanks! It is now even more clear that she wasn’t sentenced to fraud because she helped convict Sam Bankman-Fried, but because of her own actions in committing fraud at the same time.

      • captainlezbian@lemmy.world
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        11 hours ago

        Idk hers is really bad.

        The big thing is she found her people. Weird losers who were into a crypto securities crime polycule, but hey, that’s who she was and who she was interested in.

      • Luci
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        15 hours ago

        It usually is

        • Beefy-Tootz@lemmy.world
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          14 hours ago

          It most definitely is, but I understand that. I haven’t personally defrauded people or tried to start a weird harem cult with a bunch of horned up crypto bros. I’m an asshole, yeah, and I understand that makes me undesirable. I just feel like morally, she’s shittier than I am

          • Luci
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            14 hours ago

            You haven’t started one yet

          • MushuChupacabra@lemmy.world
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            10 hours ago

            It most definitely is, but I understand that. I haven’t personally defrauded people or tried to start a weird harem cult with a bunch of horned up crypto bros. I’m an asshole, yeah, and I understand that makes me undesirable. I just feel like morally, she’s shittier than I am

            This could be one of the lamest attempts to bail one’s self out that I’ve ever seen.

            And to think she was allegedly getting more play than I have my whole life. Bizarre

            You should have just deleted your original comment, as you know exactly what dig you were making, and that it had absolutely nothing to do with differences in ethics.

            Don’t piss on my leg and tell me it’s raining.

            • Beefy-Tootz@lemmy.world
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              8 hours ago

              I feel you’re implying that I was insulting her looks. It’s a fair assumption, but it’s incorrect. Insulting her appearance is shallow and lazy and she has limited control over her looks, besides, I would be inadvertently insulting anyone else who happens to look like her. I am insulting her personality. She’s a vile person who treats people like garbage, that can be seen through her messages and posts that got exposed through this whole ordeal.