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Former Alameda co-CEO Caroline Ellison will be sentenced on September 24

Former co-CEO of Alameda and former girlfriend of SBF, Caroline Ellison, will be sentenced in a New York court on September 24. After FTX collapsed and cost consumers billions of dollars, Caroline Ellison pleaded guilty in December 2022 to fraud charges including two counts of conspiracy to commit wire fraud, two counts of actual wire fraud, and one count of conspiracy to commit money laundering. These charges carry a maximum sentence of 110 years in prison, but Caroline's sentence could be lighter due to her cooperation with prosecutors.