Caroline Ellison Praised by FTX Prosecutors Ahead of Sentencing

Caroline Ellison was praised by prosecutors for her “exemplary” cooperation in the FTX fraud investigation, even though it made her the target of relentless harassment and public scrutiny.

Ahead of her sentencing for fraud committed at the crypto exchange, the government highlighted the role Ellison played in securing FTX founder Sam Bankman-Fried’s conviction. The government didn’t recommend a specific sentence, but asked US District Judge Lewis A. Kaplan to take the former Alameda Research executive’s cooperation into account.

“The government cannot think of another cooperating witness in recent history who has received a greater level of attention and harassment,” ...