Caroline Ellison Apologized for Misconduct in FTX Collapse

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Caroline Ellison Apologized for Misconduct in FTX Collapse
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Caroline Ellison, the former chief exectuive of Sam Bankman-Fried’s crypto-trading firm Alameda Research, apologized in court this week as she pleaded guilty to fraud and other offenses. “I knew that it was wrong,” the 28-year-old said.

Caroline Ellison, a close associate of FTX founder Sam Bankman-Fried, apologized in court this week as she pleaded guilty to fraud and other offenses, telling a judge that she and others conspired to steal billions of dollars from customers of the“I am

truly sorry for what I did,” Ms. Ellison, the former chief executive of Mr. Bankman-Fried’s crypto-trading firm, Alameda Research, said in a New York federal court, according to a transcript of the hearing made available Friday. “I knew that it was wrong.”

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