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Policy

Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud

Ellison will also have to forfeit about $11 billion dollars, a federal judge ruled Tuesday.

Caroline Ellison exits a Manhattan courthouse after being sentenced to two years in prison on Sept. 24, 2024. (Victor Chen/CoinDesk)

Policy

Caroline Ellison Shouldn't Go to Jail After FTX Collapse, Attorneys Say

The former Alameda Research CEO testified against her former boss, Sam Bankman-Fried, last year.

Ex-Alameda CEO Caroline Ellison, center, at the federal courthouse in Manhattan as she was due to testify in Sam Bankman-Fried's trial on Oct. 10, 2023 (Victor Chen/CoinDesk)

Policy

FTX Founder Sam Bankman-Fried Appeals Fraud Conviction

Bankman-Fried was convicted last year on fraud and conspiracy charges.

FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Sam Bankman-Fried Expresses Remorse for His Actions After Getting a 25-Year Prison Sentence

Last Thursday, while announcing the sentence U.S. District Judge Lewis Kaplan said Bankman-Fried never offered "a word of remorse" for his "terrible crimes."

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Sam Bankman-Fried Sentenced to 25 Years in Prison

The former FTX CEO was convicted of seven counts of fraud and conspiracy in November, a year after the once-giant cryptocurrency exchange collapsed.

Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)

Policy

U.S. Government's Legal Precedents Don't Support Lengthy Prison Term, Bankman-Fried's Defense Argues

Bankman-Fried was found guilty of fraud last year and will be sentenced on March 28.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say

Bankman-Fried's defense team attacked prosecutors' lengthy prison term recommendation in a new letter Tuesday.

Sam Bankman-Fried outside a courthouse in July 2023. (Nikhilesh De/CoinDesk)

Finance

Bitcoin Tops $63K for First Time Since November 2021

Spot bitcoin ETFs are seeing massive inflows of money and BTC is crossing $1,000 milestones one after another in quick succession.

Bitcoin price rose 20% in a week (CoinDesk)

Policy

Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse

Bankman-Fried's lawyers objected to the Presentence Investigation Report (PSR) which recommends a sentence of 100 years in prison calling it "grotesque."

Sam Bankman-Fried (Nikhilesh De/CoinDesk)