FTX insider Caroline Ellison has been moved out of prison

https://www.businessinsider.com/caroline-ellison-prison-release-ftx-sam-bankman-fried-2025-12

63•harambae•1mo ago

Comments

dhruv3006•1mo ago

So you can always get away with fraud?

btilly•1mo ago

She's still serving her sentence. Just not in prison.

As for why it is so short, that's her reward for helping them get SBF.

latchkey•1mo ago

What's amazing is that they needed her help.

eightman•1mo ago

There's a reason SBF was arrested and tried within a year while other complex financial fraud cases take years to get a conviction.

latchkey•1mo ago

Dec 11, 2008: Madoff arrested; scheme revealed.

March 12, 2009: Madoff pleads guilty to 11 federal felonies.

June 29, 2009: Sentenced to 150 years in prison and ordered to forfeit $17.179 billion.

bdcravens•1mo ago

In Madoff's case, he confessed to his sons. So again, this was a case of an insider having the goods, not the result of a speedy investigation.

eightman•1mo ago

I mean yeah Madoff confessed and made the case open and shut.

SBF entered a Not Guilty plea but Ellison for all intents and purposes entered a Guilty plea on his behalf with her co-operation.

latchkey•1mo ago

She also had no choice, as SBF was blaming her. The point being that they still didn't really need her help. It was obvious that he committed fraud, and there was plenty of proof of it.

LunaSea•1mo ago

Well it was het fund that lost customers money

sidewndr46•1mo ago

Your timeline is correct, but once Madoff was confronted he just confessed and everything moved forward.

bfg_9k•1mo ago

I mean, the guy was constantly high on nootropics and they had no idea what actual investments FTX made. I'd imagine most of the time was just spent untangling that web, his case was more or less a slam dunk.

giacomoforte•1mo ago

The interesting question is, will her career/business ventures suffer from here onwards?

cosmicgadget•1mo ago

Hopefully people recognize that while SBF lost a bunch of money on one poor investment (her), Ellison lost a bunch of money on many poor investments.

She's probably doomed in traditional investment circles but there's always crypto!

tedd4u•1mo ago

Curious how much of her ill-gotten gains she will keep.

andrewinardeer•1mo ago

Is it deliberate that I've never seen a media outlet publish a flattering photo of her?

That said, when the movie is inevitably released they'll probably cast Scarlett Johansson or Cailee Spaeny as her.

pppppiiiiiuuuuu•1mo ago

Nearly all of the photos of her I can find are of her walking to and from a car. The others (which were very few and only one of which I thought was a good photo) seem like social media pics that news agencies probably couldn't publish. That does make more challenging to get a good picture of her, but I have a hard time believing they couldn't have done better that the one at the top of the article. It's particularly bad.

bloqs•1mo ago

just looks like a normal person who is not posing for a photo, not some influencer

pppppiiiiiuuuuu•1mo ago

To me it looks like when you take a bunch of pictures while someone is talking and some of them look extremely awkward because their mouth in a weird shape.

jibal•1mo ago

So find a better one: https://www.google.com/search?sca_esv=38054e44cdb63b92&sxsrf...

pppppiiiiiuuuuu•1mo ago

I analyze these in another comment.

How attractive you find this woman really isn't material to how good or bad a photo is. If you've never seen a horrible photo of yourself, it's because your friends deleted them.

jibal•1mo ago

Non responsive. All of her photos are bad ... this one, catching her moving, actually makes her look better than most.

And what photos I've seen of myself is irrelevant, and "your friends deleted them" is dumb ... most of the photos I've seen of myself were taken by me, and many of those were on something called "film". (And yes, of course some are distorted because I was moving, the angle or lighting was bad, etc. ... none of this is relevant.)

I won't respond further.

pppppiiiiiuuuuu•1mo ago

I think you don't understand photography.

bdangubic•1mo ago

or cause I’m just that good looking (I am)

watwut•1mo ago

This one is NOT normal person not posing. This one happen to be "exaggeratedly surprised face expression" phote.

admissionsguy•1mo ago

there are some but they required this amount of processing https://www.bostonglobe.com/2022/12/06/business/caroline-ell...

jimpah•1mo ago

That's just how she looks. Hence all the "pin the weasel" mockery.

xenospn•1mo ago

literally my first thought every time I read an article about her. She's either the least photogenic person ever, or this is intentional.

kcplate•1mo ago

Perhaps she is just unattractive…

jibal•1mo ago

I was going to push back at that assumption ... until I looked her up: https://www.google.com/search?sca_esv=38054e44cdb63b92&sxsrf...

jibal•1mo ago

Find a better photo: https://www.google.com/search?sca_esv=38054e44cdb63b92&sxsrf...

kcplate•1mo ago

Some people are just not aesthetically pleasing.

jibal•1mo ago

It's not their fault: https://www.google.com/search?sca_esv=38054e44cdb63b92&sxsrf...

whatsupdog•1mo ago

From being one of the richest men, to being sold to a lifetime of prison by your mid gf. What a wild ride!

seec•1mo ago

There is no honor among thieves, and there is even less honor in women who often turn out to be legal thieves.

That should be a warning to any man, but of course that's not politically correct to say.

whatsupdog•1mo ago

Honour evolved from the tendency to stay within a group. When you are in a group, your chances of survival increase. But in a group you also have to stand up for you comrades - leading to a feeling of honour. Women just end up with the winning team. It's much easier for a woman to ditch a losing group and join the winning one. That's why honour has not evolved in women as opposed to men.

seec•1mo ago

Yes, I entirely agree. Even without being part of a group, women will support you as long as you are winning or at least appear to be winning. But the moment your position becomes precarious, they'll just leave.

There are evolutionary reasons for that: women can't side with someone who won't be able to defend them since they don't have the strength to defend themselves. But nowadays you can't say that because of feminism and identity politics.

That's just how things are, and why I think men should always be careful about the trust they put in women around them. They are much more likely to throw you under the bus than even a man who dislikes you.

pseingatl•1mo ago

It's hard to keep up a skin care routine in the can.

easyThrowaway•1mo ago

At the end of the day she and the other members of the board who took the plea bargain are basically keeping most of the money, right?

I know I'm basically in conspiracy territory here, but I can't stop thinking this was planned well beforehand and SBF was just the biggest moron they could find as the fall guy. Like, if what they say about him is remotely true they could've planned everything while he was playing LoL during meetings or something.

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FTX insider Caroline Ellison has been moved out of prison

Comments

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FORTH? Really!?