Caroline Ellison, who previously served as the chief executive of Alameda Research, has officially reported to a low-security federal prison in Connecticut. This move comes in the wake of her two-year sentencing, following her participation in the FTX scandal.
Ellison played a significant role as a witness against Sam Bankman-Fried, the founder of FTX. Her cooperation with federal prosecutors was extensive, leading to a relatively shorter sentence compared to others involved.
Her sentence and subsequent imprisonment mark a significant development in the ongoing legal proceedings surrounding the FTX scandal, highlighting the consequences faced by key players involved in the case.
