FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion

(CNBC) Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New York federal court to two years in prison and ordered to forfeit $11 billion for her role in the massive fraud and conspiracy that doomed the cryptocurrency exchange once valued at $32 billion. The prison term was significantly stiffer than the recommendation by the federal Probation Department.

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