Caroline Ellison, the former CEO of Alameda Research, is scheduled to report to prison to serve a two-year sentence. Her prison reporting follows her guilty plea in 2022, which has kept her in the spotlight.
Ellison has been free on bail, during which she provided testimony at Sam Bankman-Fried’s criminal trial. Her involvement in the trial attracted significant media scrutiny, reflecting the high-profile nature of the case in the crypto industry.
Her sentencing marks a pivotal moment as it highlights the legal repercussions faced by key figures involved in cryptocurrency regulatory breaches and unethical practices.
Source: cointelegraph.com ↗