Caroline Ellison jailed after testifying against ex-boyfriend Sam Bankman-Fried
Though the judge said he’d “never seen” a cooperator as strong as Ellison, she was “not inviolable” and Bankman-Fried had her “Kryptonite,”
Though the judge said he’d “never seen” a cooperator as strong as Ellison, she was “not inviolable” and Bankman-Fried had her “Kryptonite,”
Salame is the first associate of Sam Bankman-Fried to be sentenced to prison.
Bankman-Fried’s favored cryptocurrency has nearly doubled in recent weeks. Along with gains in bitcoin and other assets, the crippled exchange now seems to have sufficient funds to meet small-investor claims.
White-collar defendants often get far less than the maximum sentence—but legal experts told Forbes they expect Sam Bankman-Fried to face decades in prison.
FTX founder will take the stand in an attempt to refute allegations by his former lieutenants that he knew he was running a scam. If he fails, he could be in for a century-long prison term.
Despite teams like the Miami Heat and Golden State Warriors losing their FTX deals, the National Basketball Association posted a record $1.66 billion in sponsorship re…
Caroline Ellison, the former CEO of FTX’s sister hedge fund Alameda Research, said her former colleague and love interest Bankman-Fried had high political ambitions.
Robinhood’s shares, which had been slumping in recent weeks, shot up after it announced it bought more than $605 million in shares that had previously been controlled by Sam Bankman-Fried.
A new indictment Monday marked the latest chapter in Sam Bankman-Fried’s legal troubles following the collapse of FTX.
The Bahamas government informed U.S. authorities that the campaign finance charges were not part of the agreement between the two nations over Bankman-Fried’s extradition from the island nation.