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.
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Ellison’s testimony was crucial in the conviction of Sam Bankman-Fried, as she provided detailed accounts of how he directed her and others to misappropriate FTX customer funds.
Ellison pleaded guilty to seven felony counts, including fraud and conspiracy.
Ellison is scheduled to begin her prison sentence in November, and she is expected to serve her time in a minimum-security facility.