Tag: Caroline Ellison

Former Alameda Research CEO Caroline Ellison—one of the central insiders in the FTX collapse—is scheduled to leave federal custody in January 2026, according to updated Bureau of Prisons records cited by multiple outlets. Her early release, after extensive cooperation, re-raises the core question: Was FTX a politically targeted crypto casualty—or a classic, old-school fraud wearing a “new finance” hoodie?

Aleksandr "Sasha" Ivanov, the Ukraine-born founder of the Waves blockchain platform, stands accused of orchestrating one of cryptocurrency's most brazen frauds—a systematic scheme that stripped approximately $530 million from investors through his lending protocol Vires Finance. Ivanov now faces multiple lawsuits and allegations of extortion. Whistleblower informed FinTelegram that he continues to threaten disappointed investors.​

FTX, once hailed as the gold standard of crypto exchanges, imploded in November 2022, revealing a multi-billion-dollar fraud orchestrated by founder Sam Bankman-Fried (SBF). What began as a scrappy crypto derivatives exchange turned into a house of cards built on customer fund misuse, opaque affiliate structures, and a startling absence of regulatory oversight

In a remote interview with Tucker Carlson on March 5, 2025, Sam Bankman-Fried (SBF), the convicted FTX founder, reframed his $10 billion fraud as a mere liquidity crisis, denying criminal intent while playing chess with Sean 'Diddy' Combs in prison. As he hints at GOP leanings and a potential pardon, SBF’s narrative sparks debate: a bid for redemption or a refusal to face the fallout?

Gary Wang, FTX’s former coding chief and co-founder, has been praised by prosecutors for his “outstanding” assistance in building the case against Sam Bankman-Fried (SBF). Scheduled for sentencing on November 20, Wang has developed tools to help the US government identify fraud in cryptocurrency and stock markets, a factor prosecutors urge the court to consider for leniency.

FTX was a major U.S. crypto exchange that collapsed in November 2022 amid allegations of fraud and misuse of customer funds. Plaintiffs' lawyers in the FTX litigation in Miami federal court have reached a deal with lawyers for the bankrupt company, resolving a fight that erupted earlier this year over who owns the right to sue on behalf of customers of the crypto exchange.

Caroline Ellison, 29, a central figure in the scandal around the collapsed U.S. crypto exchange FTX, has been sentenced to two years in prison despite her substantial cooperation with prosecutors. The former FTX CEO Sam Bankman-Fried (SBF) has received a 25-year prison time. Her case emphasizes that even those who assist law enforcement may still face incarceration in cases involving large-scale fraud.

Sam Bankman-Fried (SBF), the convicted former CEO of FTX, is seeking a new trial. He claims that the judge presiding over his case showed bias and repeatedly ridiculed him in front of the jury. His legal team argues that Judge Lewis A. Kaplan's conduct, including alleged disapproving facial expressions and frequent interruptions, violated SBF's constitutional rights to a fair trial. This appeal adds a new twist to the high-profile case surrounding the collapse of the crypto exchange FTX.

Caroline Ellison, a former top executive in the collapsed crypto exchange FTX and former girlfriend of FTX CEO Sam Bankman-Fried, is seeking no prison time at her sentencing later this month. The lawyers cited her immediate and extensive cooperation with U.S. authorities when FTX collapsed in November 2022 and noted that the court's Probation Department recommended that she serve no prison time.

The U.S. Commodity Futures Trading Commission (CFTC) has announced that the U.S. District Court for the Southern District of New York has issued a consent order of permanent injunction and equitable relief against FTX Trading Ltd. and Alameda Research LLC. The court ordered the now-bankrupt entities to pay a staggering $12.7 billion in monetary relief to compensate customers and victims of one of the largest frauds in the digital asset space.

Ryan Salame, a former executive at the now-defunct crypto exchange FTX, has been sentenced to seven and a half years in prison. This follows the earlier conviction of FTX co-founder and former CEO Sam Bankman-Fried (SBF), who received a 25-year prison sentence for misappropriating $8 billion from FTX customers. SBF was found guilty in November on seven counts of fraud and conspiracy related to the 2022 collapse of FTX.

Sam Trabucco, the former co-CEO of Alameda Research, has resurfaced to defend his friend and former colleague, Ryan Salame, ahead of Salame's sentencing set for May 28. Trabucco, who had been notably absent since the collapse of FTX, wrote a letter to Judge Lewis Kaplan, who is overseeing Salame's case. In the letter, Trabucco described Salame as his "best friend" and emphasized that Salame "doesn't deserve to be defined by his worst actions."