Caroline Ellison has been sentenced to two years in jail for her role in the collapse of the cryptocurrency exchange FTX, which has been described as one of biggest financial frauds in US history.
Ellison was a top executive at the firm and is also the ex-girlfriend of its founder, Sam Bankman-Fried, who was sentenced to 25 years in prison for stealing $8bn (£6.3bn) from customers.
As part of a plea deal, Ellison admitted charges including wire fraud and money laundering, and testified against Bankman-Fried.
Coincidentally I just finished the Behind the Bastards update episode on the Bankman-Fried case from back in 2023. Apparently her diary was leaked by Sam to the press in an attempt to discredit her testimony which backfired on him lmao.
Good to see her also receive consequences.
She commited the ultimate crime: stealing from rich people
Headline rewrite because I had to read it 5 times to understand it:
Caroline Ellison, who then helped now
convitedconvicted Sam Bankman-Fried in his FTX crypto fraud, is herself convicted and sentenced to two years for fraudedit: fixed spelling thanks @shutz@lemmy.ca
but she also spilled beans on SBF, that’s why she’s got only 2 years and not 25 like SBF despite being equally deep in the fraud
Reread your attempt again.
Saw the spelling mistake, thanks! It is now even more clear that she wasn’t sentenced to fraud because she helped convict Sam Bankman-Fried, but because of her own actions in committing fraud at the same time.
Wasn’t this lady also playing the role of fucktoy for him? Those two going at it doesn’t conjure a positive mental image.
Worse, on her blog she conceived of herself as the chief consort in his harem in between sharing her thoughts on race science and Harry Potter house sorting quizzes.
If I say that’s weird will someone from hexbear appear to tell me I’m kink shaming?
Nah it’s weird. Like it’s fine if the first part is your kink. It’s not even super rare, but firstly him? Secondly the race science. Thirdly, fuck y’all are bad at poly, like worse at poly than the people constantly talking about poly.
The picture of her, wow. She’s only 30 and the pictures of her before the trial are much more inline with a 20 something. She’s going to look like a 60 year old when she’s done doing her time.
Well I know what prison gang her eugenicist ass is pledging
And to think she was allegedly getting more play than I have my whole life. Bizarre
It’s probably your personality.
It usually is
It most definitely is, but I understand that. I haven’t personally defrauded people or tried to start a weird harem cult with a bunch of horned up crypto bros. I’m an asshole, yeah, and I understand that makes me undesirable. I just feel like morally, she’s shittier than I am
You haven’t started one yet
Na it’s always a case of dick too big
Definitely isn’t
