Caroline Ellison's attorneys argued for leniency during her sentencing Tuesday, highlighting her 'unflinchingly acknowledged wrongdoing' and 'extraordinary cooperation' against former FTX CEO Sam Bankman-Fried.
Ellison's attorneys urged Judge Lewis Kaplan to be lenient when he sentences her Tuesday afternoon, arguing Ellison "unflinchingly acknowledged her own wrongdoing, without minimization, blame shifting or self-pity." They added, "She time and again proved herself an enormously credible and important cooperating witness" against her on again-off again boyfriend, former FTX CEO Sam Bankman-Fried .
Federal prosecutors agreed Ellison provided "extraordinary cooperation that was crucial to the Government's successful prosecution" of Bankman-Fried. "Caroline poses no risk of recidivism and presents no threat to public safety. It would therefore promote respect for the law to grant leniency in recognition of Caroline's early disclosure of the crimes, her unmitigated acceptance of responsibility for them, and—most importantly—her extensive cooperation with the government," defense attorney Anjan Sahni wrote in a letter to the judge.
"Caroline was in an on-again-off-again, sometimes-secret relationship with Mr. Bankman-Fried that she understood at the time was fundamentally unequal. Deeply unhappy, Caroline repeatedly considered leaving Alameda, but Mr. Bankman-Fried convinced her to stay, telling her she was essential to the survival of the business, and that he loved her ," the defense letter said.
Caroline Ellison FTX Sam Bankman-Fried Fraud Sentencing
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX Trial Witness Caroline Ellison Doesn't Deserve Prison Time, Attorneys ArgueCaroline Ellison, a key witness in the FTX trial, shouldn't receive prison time for her role in the cryptocurrency exchange's collapse, according to her attorneys. They argue that she has been completely truthful and cooperative with authorities.
Read more »
Defense Seeks Leniency For Caroline Ellison In FTX TrialCaroline Ellison, a key witness in the FTX trial, faces sentencing Tuesday. Her attorneys argue for leniency, highlighting her cooperation with prosecutors and acceptance of responsibility.
Read more »
Caroline Ellison's Attorneys Seek Leniency in FTX Case, Highlighting Cooperation With ProsecutorsDefense attorneys for Caroline Ellison, former Alameda Research CEO, urged Judge Lewis Kaplan to show leniency during her sentencing Tuesday. They emphasized Ellison's 'unflinching' acknowledgment of wrongdoing and 'extraordinary cooperation' with prosecutors against her ex-boyfriend and FTX founder Sam Bankman-Fried.
Read more »
FTX Witness Caroline Ellison Doesn't Deserve Prison Time, Defense ArguedCaroline Ellison, a key witness in the FTX trial, is being recommended for leniency by her defense attorneys who argued she deserves no prison time for her role in the crypto exchange's collapse. They highlighted Ellison's cooperation with prosecutors and her remorse for her actions.
Read more »
Caroline Ellison, key witness in FTX trial, urges leniency ahead of sentencingThe former crypto executive said she deserves no prison time for her role in one of the largest financial frauds in history.
Read more »
Former FTX executive Caroline Ellison urges leniency ahead of sentencing in crypto fraud caseEllison cited her testimony against ex-boyfriend Sam Bankman-Fried.
Read more »