US Prosecutors Urge Leniency for FTX’s Caroline Ellison, Citing Help in Sam Bankman-Fried’s Conviction

U.S. prosecutors have made a case for leniency for Caroline Ellison, the former executive of the now-defunct cryptocurrency exchange FTX. Ellison’s cooperation played a key role in the conviction of FTX founder Sam Bankman-Fried, leading to his 25-year prison sentence. Prosecutors have emphasized her “extraordinary” assistance, which they believe warrants a reduction in her sentencing. […]