Ellison’s sentence was reduced due to her significant cooperation with the authorities, which was instrumental in securing Bankman-Fried’s conviction. Prosecutors recommended leniency because of her honest and full cooperation.

U.S. District Judge Lewis Kaplan acknowledged that Ellison was “gravely culpable” in the fraud but also recognized her “remarkable cooperation,” which distinguished her from Bankman-Fried.

Caroline Ellison was sentenced to two years in prison for her involvement in the fraud.

Ellison is scheduled to begin her prison sentence in November, and she is expected to serve her time in a minimum-security facility.