Caroline 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.
, a key witness in the FTX trial, said she deserves no prison time for her role in one of theEllison's attorneys urged Judge Lewis Kaplan to be lenient when he sentences her Tuesday afternoon, arguing Ellison "unflinchingly acknowledged her own wrongdoing, without minimization, blame shifting or self-pity.
Prosecutors declined to make a specific sentencing recommendation. Defense attorneys suggested a sentence in line with a recommendation from probation officials of time served plus three years of supervised release. "Caroline moved around the globe at his direction, first to Hong Kong and later the Bahamas" while working "long, stressful, Adderall-fueled hours," Sahni said.
FTX Caroline Ellison Sam Bankman-Fried Crypto Trial
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Read more »
Caroline Ellison Shouldn't Go to Jail After FTX Collapse, Attorneys SayNikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
Read more »
Caroline Ellison seeks to duck prison sentence for role in FTX collapseCaroline Ellison’s lawyers are pushing for no prison time ahead of the former Alameda Research CEO’s Sept. 24 sentencing.
Read more »
Former FTX executive Caroline Ellison urges leniency ahead of sentencing in crypto fraud caseEllison cited her testimony against ex-boyfriend Sam Bankman-Fried.
Read more »
Caroline Ellison's Attorneys Seek Leniency in FTX Case, Highlighting Cooperation With ProsecutorsDefense attorneys for Caroline Ellison, former Alameda Research CEO, urged Judge Lewis Kaplan to show leniency during her sentencing Tuesday. They emphasized Ellison's 'unflinching' acknowledgment of wrongdoing and 'extraordinary cooperation' with prosecutors against her ex-boyfriend and FTX founder Sam Bankman-Fried.
Read more »
Caroline Ellison seeks no prison time at upcoming sentencingLawyers 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.
Read more »