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FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion
CNBC (Business News) ^ | 24 September 2024 | M. Sigalos, D. Mangan, D. Giel

Posted on 09/25/2024 5:48:33 AM PDT by zeestephen

Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried...Judge Lewis Kaplan said a "literal get-out-of-jail-free card I can't agree to" as he sentenced Ellison while praising her extensive cooperation...The prison term was significantly stiffer than the recommendation by the federal Probation Department...FTX was once valued at $32 billion.

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events
KEYWORDS: bitcoin; caroline; carolineellison; cryptocurrency; ftx; lewiskaplan; sambankmanfried; sbf
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1 posted on 09/25/2024 5:48:33 AM PDT by zeestephen
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To: zeestephen

Women always get the deal and turn rat. This is why certain organizations don’t admit them.

Poor little wide eyed waif.


2 posted on 09/25/2024 5:54:04 AM PDT by DesertRhino (2016 Star Wars, 2020 The Empire Strikes Back, 2024... RETURN OF THE JEDI. )
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To: zeestephen

Stanford grad, math whiz… but now she’s just an innocent little victim.


3 posted on 09/25/2024 5:56:23 AM PDT by DesertRhino (2016 Star Wars, 2020 The Empire Strikes Back, 2024... RETURN OF THE JEDI. )
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To: DesertRhino

“Women always get the deal and turn rat. “

Both “Rat Fink” and “Demon-Rat.”


4 posted on 09/25/2024 5:59:14 AM PDT by tired&retired (Blessings )
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To: zeestephen

The Wood Nymph should get a warm welcome from her fellow inmates.


5 posted on 09/25/2024 5:59:51 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: zeestephen

First one to the courthouse.

Amazing how fast Lady Justice works when there’s lots of money involved - all this resolved in less than two years?


6 posted on 09/25/2024 6:01:33 AM PDT by larrytown (A Cadet will not lie, cheat, steal, or tolerate those who do. Then they graduate...)
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To: zeestephen
Forfeit $11 billion? Whose $11 billion? It wasn't profit, so what was it?

It wouldn't be drug money that cartels were laundering because they'd get that back, or pieces of her before getting most of it back.

Was it $11 billion of taxpayers' money that the Feds were moving?

7 posted on 09/25/2024 6:03:15 AM PDT by T.B. Yoits
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To: DesertRhino

She probably thinks it will be just be another episode of Orange is the new Black


8 posted on 09/25/2024 6:05:46 AM PDT by shotgun
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To: zeestephen

a no doubtin 2 bagger


9 posted on 09/25/2024 6:09:10 AM PDT by Lib-Lickers 2
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To: zeestephen

$11 billion! Now we’re talkin’ “Zelensky money”!


10 posted on 09/25/2024 6:09:25 AM PDT by The Duke (Not without incident)
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To: T.B. Yoits
"forfeit $11 billion? Whose $11 billion? It wasn't profit, so what was it?"

Excellent questions, it's a shame that there are no real journalists these days to follow up with such questions.
11 posted on 09/25/2024 6:09:56 AM PDT by The Louiswu (Pray for Peace in the world.)
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To: zeestephen

THAT! is one UGLY chick. I am amazed that this is/was Friedman’s GF. IMO, she is likely most of the brains behind Sam’s fraud operation and she ended up getting a sweetheart deal to rat him out on something she’s responsible for.


12 posted on 09/25/2024 6:10:15 AM PDT by Gaffer
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To: zeestephen

Judge Lewis Kaplan said a “literal get-out-of-jail-free card I can’t agree to”

What does that quote mean?


13 posted on 09/25/2024 6:11:56 AM PDT by BansheeBill
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To: T.B. Yoits

Where does that money go ? 🤔💲


14 posted on 09/25/2024 6:14:23 AM PDT by OldHarbor
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To: Gaffer

15 posted on 09/25/2024 6:15:30 AM PDT by OldHarbor
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To: DesertRhino
Women always get the deal and turn rat.

Agreed. Also, it didn’t hurt that Ellison’s sentencing judge was Lewis Kaplan. Yes, the same Lewis Kaplan who presided over the abomination of the case of E Jean Carroll v. Donald J Trump.

16 posted on 09/25/2024 6:16:53 AM PDT by thegagline (Sic semper tyrannis! Trump & Vance, 2024! (Formerly) Goldwater & Thomas Sowell in 2024)
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To: zeestephen

She met the dick, took the slick, and now is on the stick.

I wonder where her share is salted away, which is likely why the Judge gave her jail time, he had his suspicions not revealed by evidence ?


17 posted on 09/25/2024 6:21:39 AM PDT by Candor7 (Ask not for whom the Trump Trolls,He trolls for thee!),<img src="" width=500</img><a href="">tag</a>)
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To: All

I have not followed this whole thing closely.

Where is the $11B she is going to forfeit? Who has it? How much will she have left over afterwards?


18 posted on 09/25/2024 6:24:08 AM PDT by Owen
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To: Candor7

The corrupt putting away the corrupt. There is no end to the perfidy.


19 posted on 09/25/2024 6:24:18 AM PDT by hal ogen (First Amendment or Reeducation Camp??)
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To: Huskrrrr

She won’t be needing her ‘Mr Wiggly’ in there...


20 posted on 09/25/2024 6:25:10 AM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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