ellison

Netflix released a trailer for an eight-episode series that tells the story of the collapse of the cryptocurrency exchange FTX, focusing on former CEO Sam Bankman-Fried and his colleague and girlfriend, Caroline Ellison, head of FTX's sister company Alameda Research. The series will premiere on November 19, with Anthony Boyle portraying Bankman-Fried and Julia Garner portraying Ellison.The trailer emphasizes that "going all in on math is the optimal strategy," seemingly pointing to FTX's use of user funds for high-risk investments. Ellison, played by Garner, says in the trailer, "Lying isn't bad for a good cause," echoing Ellison's testimony during the 2023 trial, where she stated that Bankman-Fried believed the rules against lying and stealing did not necessarily apply to effective altruism, a philosophy that advocates doing good whenever possible, including through accumulating wealth to donate to charitable causes.After the collapse and bankruptcy of FTX, Bankman-Fried, Ellison, and related individuals were indicted in December 2022. Ellison pleaded guilty and cooperated with prosecutors to testify, while Bankman-Fried chose to stand trial, was convicted on seven counts of fraud, and sentenced to 25 years in prison. As of October, he remains incarcerated in federal prison and has requested a pardon from President Trump and for the Supreme Court to overturn his conviction; Ellison was released in January.

Former Alameda Research CEO Caroline Ellison has joined the nonprofit organization Manifund. Manifund co-founder Austin Chen stated that Ellison will be responsible for developing the organization’s donation platform and enhancing its charitable work. Ellison has been on a trial basis at the organization since July, transitioned to full-time in August, and has been posting work updates under the alias "Carol."Ellison pleaded guilty in December 2022 to fraud and conspiracy charges related to the collapse of the FTX exchange in 2022, which resulted in billions of dollars in customer losses. She cooperated with prosecutors and testified against FTX founder Sam Bankman-Fried, who was sentenced to 25 years in prison. Ellison is set to begin serving a two-year sentence in November 2024 and will be released early in January 2026 for cooperating with the investigation.Chen stated in a post, "I believe in redemption. Caroline has acknowledged her mistakes, is working to repay creditors, and has served time in prison. I hope the world can recognize that too." Ellison expressed excitement about her new position, apologized for her past actions, and thanked Austin for giving her a second chance, stating that he judges her based on her current work performance rather than her past. According to its website, Manifund focuses on artificial intelligence safety and effective altruism projects.

According to a previous report by Theblock, records from the Federal Bureau of Prisons show that Caroline Ellison, former co-CEO of Alameda Research, will be released from federal custody on January 21, 2026 (today), approximately 10 months earlier than originally scheduled.

According to records from the Federal Bureau of Prisons, former co-CEO of Alameda Research Caroline Ellison will be released from federal prison on January 21, 2026. Caroline Ellison had previously been transferred from a Connecticut prison to community confinement in October.On December 20, the U.S. SEC issued a lawsuit notice stating that former CEO Sam Bankman-Fried is still serving time in federal prison for fraud, while former executives of Alameda Research, including Caroline Ellison, have agreed to a settlement that still requires court approval. Other executives who signed the settlement agreement include former CTO of FTX Trading Zixiao Wang and former co-lead engineer of FTX Nishad Singh.

According to Coindesk, the U.S. SEC has issued a lawsuit notice stating that three former executives of FTX and its affiliated companies have accepted the SEC's final penalties, and the SEC is handling enforcement cases related to the collapse of the exchange.Former CEO Sam Bankman-Fried is serving time in federal prison for fraud, while other executives, including former CEO Caroline Ellison of Alameda Research, have agreed to a settlement that still requires court approval. Other executives who signed the settlement agreement include former Chief Technology Officer Zixiao Wang of FTX Trading and former co-Chief Engineer Nishad Singh of FTX. The SEC stated that all three will be prohibited from serving as executives or directors at other companies, with Caroline Ellison's ban lasting 10 years and the others' bans lasting 8 years. The agency also indicated that they are subject to a five-year "behavioral ban."

ChainCatcher news, according to Jin10, Oracle co-founder Ellison's net worth has reached $393 billion, surpassing Musk and topping the list of the world's richest.

ChainCatcher news, according to unusual_whales on the X platform, SBF's ex-girlfriend Caroline Ellison wrote a Bridgerton-style romance novel while awaiting the FTX verdict.It is reported that Bridgerton-style refers to a period drama style set in the Regency era of Britain, blending elements of romance, scandal, and wit, primarily telling the stories of high society nobles in their search for love and happiness.

ChainCatcher news, former Alameda Research co-CEO Caroline Ellison has been sentenced to two years in prison. Ellison will also forfeit approximately $11 billion and may serve her sentence in a "minimum security facility." Ellison is also the ex-girlfriend of former FTX CEO SBF, and she pleaded guilty in December 2022 to seven counts of wire fraud, commodities fraud, securities fraud, and money laundering.In March of this year, Ellison told the court that SBF directed her to commit the crimes that led to FTX's bankruptcy. Alameda had access to customer deposits through an unlimited credit line and could directly access customer deposits sent to Alameda's bank accounts. Judge Lewis Kaplan, who oversees the sentencing of SBF, stated on Tuesday that the difference between SBF and Ellison is that the latter cooperated with prosecutors, while "SBF denied the whole thing."Former FTX engineering director Nishad Singh and co-founder Gary Wang also pleaded guilty to criminal charges and are cooperating with prosecutors. They are scheduled to appear for sentencing hearings on October 30 and November 20, respectively. In March of this year, SBF was sentenced to nearly 25 years in prison and ordered to repay investors and creditors up to $11 billion in losses.

ChainCatcher news, former Alameda Research CEO Caroline Ellison will be sentenced on September 24. At the suggestion of U.S. prosecutors, she may receive a lenient sentence.In court documents submitted on September 17, U.S. prosecutors mentioned that Ellison provided "substantial cooperation" in the case against former FTX CEO SBF and assisted in the investigation of "the wrongdoing of Alameda Research and FTX." The prosecution stated that she provided "credible and compelling testimony" for the trial and admitted her serious misconduct in the collapse of FTX.Prosecutors seem to attribute most of the charges in the indictment to SBF but acknowledge that Ellison, as CEO of Alameda, "voluntarily participated in the wrongdoing."Ellison has previously pleaded guilty to seven counts of fraud and money laundering, and her attorney has requested that she be sentenced to time served and receive three years of supervised release.

ChainCatcher News, U.S. prosecutors submitted a document to the court on September 17, recommending a lighter sentence for former Alameda Research CEO Caroline Ellison. The prosecutors stated that Ellison provided "extraordinary cooperation" in the prosecution of former FTX CEO Sam Bankman-Fried and assisted in the investigation of misconduct at Alameda Research and FTX.The prosecutors emphasized that although Ellison played a central role in SBF's criminal scheme, she was not involved in all aspects of FTX. Ellison pleaded guilty in December 2022 and testified at SBF's trial.Given Ellison's cooperative attitude and contributions to the case, the prosecutors believe her testimony was crucial for the prosecution and conviction of SBF. Ellison's attorney had previously requested probation. She is scheduled to appear in court for sentencing on September 24.

ChainCatcher news, according to CoinDesk, former Alameda Research co-CEO Caroline Ellison's lawyer, who is also the ex-girlfriend of Sam Bankman-Fried, submitted a sentencing recommendation document for Caroline Ellison to the court. This document suggests that the court sentence Caroline Ellison to time served and supervised release based on her level of cooperation in the FTX case.

ChainCatcher news, according to a report by Reuters, FTX founder Sam Bankman-Fried (SBF) testified on Monday that the collapse of the cryptocurrency exchange was due to the failure of Caroline Ellison, head of its trading firm Alameda Research, to adequately hedge against the market downturn. He stated that he had asked Caroline Ellison to trade to offset the risks from the decline in cryptocurrency prices that began in the mid-term.In response to questions from the defense attorney, SBF said, "Ellison agreed that Alameda should hedge, and she also said maybe it shouldn't make some risky investments."SBF has pleaded not guilty to two counts of fraud and five counts of conspiracy. Prosecutors claim he looted billions of dollars from FTX customers to support Alameda, engage in speculative investments, and donate to political campaigns in the United States. If convicted, he could face decades in prison.

ChainCatcher news, according to Cointelegraph, Sam Bankman-Fried's (SBF) lawyer stated in a letter to New York District Judge Lewis Kaplan that Joseph Pimbley of the litigation consulting firm PF2 Securities will testify on behalf of SBF. Pimbley will testify based on information from the FTX database, demonstrating that the credit line between Alameda and FTX "fluctuated between approximately $1 billion and $3 billion" from October 2021 to September 2022, and saw a decline in June 2022.Joseph Pimbley will also refute the testimonies of Caroline Ellison, FTX co-founder Gary Wang, former FTX engineering director Nishad Singh, and former FTX employee Adam Yedidia regarding the Alameda credit line and FTX customers' use of margin trading. Joseph Pimbley is one of the seven expert witnesses previously proposed by SBF's legal team, whom Judge Kaplan had earlier barred from testifying.

ChainCatcher news, according to Cointelegraph, former Alameda CEO Caroline Ellison admitted her poor job performance, writing in a document to SBF: "I feel that both Trabucco and I have not done enough to push work forward." SBF asked her to stay, stating that her departure could spark rumors about Alameda's financial situation, thereby damaging FTX's reputation.

ChainCatcher news, according to Fortune, during the trial of the SBF case, U.S. prosecutor Danielle Sassoon told Judge Lewis Kaplan that SBF displayed "loud laughter, obvious head shaking, and mocking" reactions while former Alameda Research CEO Caroline Ellison was testifying.Danielle Sassoon stated that she has not yet communicated with the witness (Caroline), but this may have had a significant impact on her, especially considering that SBF had previously intimidated her, as well as their power dynamics and romantic relationship, hoping that SBF could control his behavior during the trial.

ChainCatcher news, according to The Block, former Alameda Research CEO Caroline Ellison testified that in 2021, when Alameda Research's trading account (containing about $1 billion) was frozen on the original Huobi and OKX, Sam Bankman-Fried first attempted to use a Thai sex worker's wallet to unfreeze the funds, and then bribed a Chinese official.

ChainCatcher news, former Alameda Research CEO Caroline Ellison testified that SBF tried to find a way for regulators to take action against its competitor Binance to increase FTX's market share. However, she did not provide any details on how SBF planned to achieve this.

According to ChainCatcher news, citing testimony from former Alameda Research CEO Caroline Ellison reported by BitMEX Research, in 2021, Alameda Research's trading accounts on the original Huobi and OKX were frozen. Subsequently, they attempted to unfreeze the accounts by hiring lawyers, using various trading strategies, and bribing Chinese government officials.An employee of Alameda Research, whose father is a Chinese official, opposed the act of bribing Chinese government officials, believing it was a bad idea that would bring trouble to the company. However, SBF insisted that this was the only way to unfreeze the accounts. In November 2021, Alameda Research paid approximately $100 million to Chinese government officials in exchange for the unfreezing of the accounts. This money was divided into multiple parts and sent to various cryptocurrency wallet addresses. According to Caroline Ellison, the account was somewhat connected to Chinese government officials and was likely used for bribery.