Bloomberg Businessweek

Instant Reaction: Caroline Ellison Sentenced in FTX Case

Sep 24, 2024
Caroline Ellison, former CEO of Alameda Research, faced a 24-month prison sentence for her role in the FTX collapse and must forfeit $11 billion. Joining June Grasso, they discuss her cooperation with prosecutors against Sam Bankman-Fried and the profound financial impact on investors. The conversation also highlights the unexpected scale of her forfeiture compared to other cases and its implications for the cryptocurrency industry. Caroline's expressions of remorse shed light on the broader fallout from this high-profile financial scandal.
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