The latest FTX-related sentencing saw Caroline Ellison, the former co-CEO of Alameda Research, handed two years behind bars for her role in the exchange’s spectacular collapse. Ellison is expected to be in prison by November 7.
Ellison’s sentence was so lenient thanks to her lending the investigation her full cooperation. Indeed, the judge presiding over the case noted that he hadn’t seen a cooperator “quite like Ms. Ellison.”
However, he also made it clear that due to the severity of the case, remorse and cooperation aren’t a complete “get out of jail free card.”
She had pleaded guilty to seven counts of fraud and conspiracy and became the third individual involved in FTX’s crimes to be jailed.
Here’s a chart of every indicted FTX and Alameda official sentenced, or waiting to be sentenced.
Read more: Which FTX and Alameda executives are going to prison and when?
Collectively, Sam Bankman-Fried, Ryan Salame, and Ellison are serving 34.5 years or 414 months. Gary Wang and Nishad Singh are due to be sentenced in the coming months having both testified against Bankman-Fried.
Wang, a former CTO at FTX and close friend of Bankman-Fried, cooperated with prosecutors and pleaded guilty to four charges including wire fraud and conspiracy to commit securities fraud.
Singh was FTX’s director of engineering and also cooperated with prosecutors. He pleaded guilty to six charges, including conspiracy to commit money laundering and make unlawful political contributions.
Both have stated that they hope to avoid jail time for their crimes. A whole raft of other individuals, including Bankman-Fried’s parents, lawyers believed to have known about criminal activity, and other execs, have also not been indicted.
