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FTX’s Caroline Ellison and Gary Wang hit with five-year trading ban

Former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang have received a five-year trading ban from the CFTC.

Ex-Alameda CEO Caroline Ellison leaves federal prison after 11 months

Ellison was given two years in September 2024 for her role in the collapse of FTX and the theft of $8B worth of customer funds.

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

Caroline Ellison has been sentenced to two years in prison for her role in the FTX-Alameda Research fraud.

On September 24, Caroline Ellison of Alameda Research will receive her final sentence for the crimes she committed that harmed FTX customers.