SBF's ex-girlfriend plans to be sentenced on September 24 to a maximum sentence of 110 years, but her lawyer said she may be released from prison within a year
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Odaily Odaily News: SBF's ex-girlfriend, Caroline Ellison, former CEO of Alameda Research, the hedge fund division of FTX, is scheduled to be sentenced on September 24. The maximum sentence may be 110 years, but her lawyer said she may be released from prison within a year. It is reported that Caroline Ellison faces seven criminal charges, including conspiracy to commit wire and securities fraud, and the maximum sentence for these charges totals 110 years. However, Carl Volz, a Chicago securities lawyer who has defended cryptocurrency clients, said that due to Ellison's role in FTX, she may be sentenced to about two years in prison, but she may be released from prison earlier. Volz said: "Depending on how the federal court system or the federal prison system works, if she behaves well, she will be released from prison within a year. She may be on probation for quite a long time, which will make her life difficult." (DL News)
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