The Latest Breaking News from Caroline Ellison

Caroline Ellison is attempting to duck prison time for the key role she played in the FTX-Alameda fraud, with her lawyers citing her cooperation with the government to bring Sam Bankman-Fried's crimes to light.

Former FTX executive Caroline Ellison seeks no prison time for cooperation in cryptocurrency fraud case.

Former FTX CEO faces up to 100 years in prison should the judge hand out the harshest penalty

The former CEO of FTX, once a king of cryptocurrency, saw a swift reversal of his fortunes starting in November 2022

Last week, U.S. prosecutors decided not to pursue additional charges against Bankman-Fried, the former CEO of the fallen crypto empire FTX who was found guilty of seven counts of fraud in November.

Bankman-Fried was expected to be prosecuted on six additional charges, including unlawful political campaign contributions, conspiracy to commit bank fraud, substantive securities and commodities fraud, conspiracy to operate an unlicensed money-transmitting business and charges of conspiracy to bribe foreign officials.

Here’s a look back at the graduating class from the financial fraud of the century.

The tinned fish is reportedly one of the most popular items from the jail commissary

The bankruptcy estate is trying to claw back nearly $1 billion in its latest lawsuit.