Just learned that Caroline Ellison's parents are both MIT economics professors, and they were literally in the courtroom watching their daughter get sentenced to two years in prison. Like, imagine being an accomplished economist and having to sit through that. Glenn Ellison heads the MIT econ department (well, used to), and his wife Sara Fisher Ellison is a senior lecturer there. They've even co-authored papers together on market dynamics and e-commerce.



The wild part? Judge Kaplan at least let her serve time near Boston where her family is. Her lawyers pushed hard for no prison time given how much she cooperated against that certain founder of a certain collapsed exchange, but the judge wasn't having it. She's gotta serve at least two-thirds of the sentence before she's even eligible for parole.

Makes you think about how these high-profile cases don't just affect the people on trial—it's the whole family dealing with it. Her parents have mostly stayed quiet about everything, which honestly seems like the smart move.
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