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CHART: FTX and Alameda execs get a total of 34.5 years in prison

Five FTX and Alameda Research executives have now been sentenced, with only three of them expected to serve any time in prison.

Nishad Singh hopes to avoid prison in FTX case

Nishad Singh’s team has submitted his sentencing submission, arguing that he should avoid prison due to his extensive cooperation.

Caroline Ellison is the third individual related to the collapse of FTX to be sentenced. Two others will learn their fate later this year.

Two FTX and Alameda Research executives have been sentenced to prison, two have their sentencings scheduled, and one has pleaded guilty.

FTX and Alameda both agreed in July to pay creditors. However, this agreement was subject to yesterday’s court verdict.