# Caroline Ellison Sentenced

*Caroline Ellison Sentenced to Two Years in FTX Collapse*

By [aundingoya.eth](https://paragraph.com/@aundingoya.eth) · 2024-09-26

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Former Alameda CEO Caroline Ellison has been sentenced to two years in prison for her role in the FTX scandal.

Key Highlights:

\- **Sentence**: Two years for her involvement in FTX’s downfall.

\- **Guilty Plea**: Admitted to conspiracy and fraud in 2022.

\- **Forfeiture**: Must give up $11 billion tied to the fraud.

\- **Cooperation**: Testified against Sam Bankman-Fried, aiding prosecutors.

Ellison, who dated Bankman-Fried, played a pivotal role in the investigation by revealing how he directed her actions. Although the Probation Department recommended no jail time, her cooperation led to a reduced sentence, ensuring some accountability amid the massive losses incurred by consumers. Her testimony also contributed to Bankman-Fried’s 25-year sentence.

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*Originally published on [aundingoya.eth](https://paragraph.com/@aundingoya.eth/caroline-ellison-sentenced)*