{"id":89459,"date":"2024-09-25T00:16:42","date_gmt":"2024-09-25T04:16:42","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89459"},"modified":"2024-09-24T23:58:28","modified_gmt":"2024-09-25T03:58:28","slug":"ftx-fraudster-caroline-ellison-sentenced-to-2-years-in-prison-ordered-to-forfeit-11-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2024\/ftx-fraudster-caroline-ellison-sentenced-to-2-years-in-prison-ordered-to-forfeit-11-billion.html","title":{"rendered":"FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/2024\/09\/24\/caroline-ellison-could-face-no-jail-time-for-role-in-ftx-collapse.html\">Caroline Ellison<\/a>, the star witness in the prosecution of her former boyfriend, FTX founder&nbsp;<a href=\"https:\/\/www.cnbc.com\/2024\/03\/28\/live-updates-ftx-founder-sam-bankman-fried-sentencing.html\">Sam Bankman-Fried<\/a>,&nbsp;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&nbsp;<a href=\"https:\/\/www.cnbc.com\/2024\/04\/11\/sam-bankman-fried-appeals-fraud-conviction-25-year-prison-sentence.html\">fraud<\/a>&nbsp;and conspiracy that doomed the&nbsp;<a href=\"https:\/\/www.cnbc.com\/2022\/12\/18\/how-sam-bankman-fried-ran-8-billion-fraud-government-prosecutors.html\">cryptocurrency exchange<\/a>&nbsp;once valued at $32 billion. The prison term was significantly stiffer than the recommendation by the federal Probation Department.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/09\/24\/sam-bankman-fried-caroline-ellison-sentenced-ftx-.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder&nbsp;Sam Bankman-Fried,&nbsp;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&nbsp;fraud&nbsp;and [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89459","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89459"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89459\/revisions"}],"predecessor-version":[{"id":89467,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89459\/revisions\/89467"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}