By Anthony Burr | TH3FUS3 Managing Editor
Former Alameda Research CEO Caroline Ellison may receive a lenient sentence after a recommendation from US prosecutors. Ellison provided crucial cooperation in the prosecution of former FTX CEO Sam Bankman-Fried. Her sentencing hearing is set for Sept. 24.
His legal team claims that the presiding judge was biased and that the evidence was unfairly constrained
The award highlights the CFTC’s commitment to rooting out fraud in the digital asset space.
Their testimonies were key in the conviction of FTX's founder, Sam Bankman-Fried