FTX Co-founder's Ex-Girlfriend Sentenced

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Caroline Ellison, whose testimony helped convict Sam Bankman-Fried, sentenced to two years in prison | CNN Business

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Caroline Ellison pleaded guilty to seven federal counts of fraud and conspiracy shortly after FTX ’s collapse.

She was one of several company insiders to turn against Sam Bankman-Fried , who founded both firms, and pinpoint him as the leader of a scheme to defraud investors and steal $8 billion from FTX customer funds.

Legal experts had previously told CNN it was unlikely Ellison would end up in prison.

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