Ellison faced a potential maximum sentence of 110 years in prison for her crimes.
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Ellison is scheduled to begin her prison sentence in November, and she is expected to serve her time in a minimum-security facility.
Ellisonβs 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.
At the peak of his career during the cryptocurrency boom, Sam Bankman-Friedβs net worth was estimated at $26 billion according to Forbes.