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Carolyn Ellison has been released, having served approximately 60% of her two-year sentence. Reading this news, I just can't believe it — the former head of Alameda Research was granted early release thanks to cooperation with investigators and good behavior in prison. She is now undergoing re-adaptation at a special center in New York.
What’s interesting is that the SEC banned Ellison from holding executive positions for ten whole years. But what annoys many in the crypto community is: Carolyn Ellison admitted guilt, cooperated, and now she’s out early. Meanwhile, her boss, the founder of that very exchange, is serving 25 years and sitting as he is. Both were deeply involved, but one cooperated, and the other didn’t. Is that fair? Who knows, it’s a controversial point.
According to her testimony, they simply mixed clients’ money, hid losses, and gave themselves unlimited access to deposits. A classic scam. That’s how it is — the story with Alameda and FTX is basically closed at the top management level. What are your thoughts on this?