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RE: LeoThread 2024-11-07 08:23

in LeoFinance4 months ago

In September, Ellison was sentenced to two years in prison and ordered to forfeit $11 billion for her role in the massive fraud and conspiracy that doomed the cryptocurrency exchange once valued at $32 billion.

The federal Probation Department had recommended that Judge Lewis Kaplan sentence Ellison to three years of supervised release, with no time behind bars. Defense lawyers also had requested a punishment that didn't include prison time.