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.

Besides Ellison, Nishad Singh and Gary Wang, two other former FTX executives who cooperated with prosecutors, are awaiting sentencing in October and November, respectively.

At the peak of his career during the cryptocurrency boom, Sam Bankman-Fried’s net worth was estimated at $26 billion according to Forbes.

Yes, Ellison could be released a few months earlier than her two-year sentence if she exhibits good behavior in prison.