On September 23rd, the prediction market Polymarket revealed that SBF's ex-girlfriend Caroline Ellison is likely not to serve her sentence. It is reported that Polymarket forecasts that she has a 46% chance of being spared from prison, and her probability of being sentenced to 12-13 months is about 20%.
Lawyers for SBF's ex-girlfriend, former Alameda Research CEO Caroline Ellison, have asked the court to consider the time she has already been incarcerated as part of her sentence and to sentence her to three years of supervised probation on that basis. This means that lawyers hope that Caroline's past incarceration will offset some of her sentence, and that her future sentence will be spent primarily under community supervision and will no longer require long prison terms.
Lawyers for SBF's ex-girlfriend Caroline Ellison have filed a 67-page memo detailing her cooperation with prosecutors and the FTX bankruptcy estate, which delves into Caroline Ellison's personal life and history with SBF, blaming many of her decisions on the way SBF manipulated their relationship. Her lawyers allege SBF persuaded Caroline Ellison to prescribe banned drugs, causing her to become dependent on them.
Former co-CEO of Alameda and former girlfriend of SBF, Caroline Ellison, will be sentenced in a New York court on September 24. After FTX collapsed and cost consumers billions of dollars, Caroline Ellison pleaded guilty in December 2022 to fraud charges including two counts of conspiracy to commit wire fraud, two counts of actual wire fraud, and one count of conspiracy to commit money laundering. These charges carry a maximum sentence of 110 years in prison, but Caroline's sentence could be ligh...