Caroline Ellison told a judge she's 'truly sorry' for defrauding FTX customers – and 'knew that it was wrong'

Dec 26 2022 by Business Insider

 
The former CEO of Alameda Research pleaded guilty to seven counts on December 19.

Tyler Le, Rebecca Zisser/Insider

Caroline Ellison told a judge she's "truly sorry" for her role in defrauding FTX customers.  The former CEO of Sam Bankman-Fried's Alameda Research pleaded guilty to seven counts on December 19. The charges included wire fraud and conspiracy to commit securities fraud. 

Caroline Ellison apologized for her role in defrauding customers and investors of cryptocurrency exchange FTX,...

Continue Reading Caroline Ellison told a judge she's 'truly sorry' for defrauding FTX customers – and 'knew that it was wrong'