Caroline Ellison Sentenced to 2 Years in Prison in FTX Case (3)

Caroline Ellison was sentenced to 24 months in prison by a federal judge for her role in the FTX collapse, despite helping prosecutors in the conviction of Sam Bankman-Fried, her former boss and boyfriend.

US District Judge Lewis Kaplan on Tuesday imposed the two-year sentence on the 29-year-old, calling Ellison’s cooperation “remarkable” and praising her testimony during the fraud trial. But Kaplan noted that the case was one of the “most serious” financial frauds ever committed and that her cooperation can’t be a “get out of jail free card.”

“I’ve seen a lot of cooperators in 30 years, I’ve ...