Former executive gets 2 years in prison for role in FTX fraud

In this courtroom sketch, Caroline Ellison gives her sentencing statement at Manhattan federal court in New York, Sept. 24, 2024. (Elizabeth Williams via AP) In this courtroom sketch, Judge Lewis Kaplan sentences Caroline Ellison at Manhattan federal court in New York, Sept. 24, 2024. (Elizabeth Williams via AP)

Caroline Ellison, a former top executive in Sam Bankman-Fried's fallen FTX cryptocurrency empire, was sentenced to two years in prison on Tuesday after she apologized repeatedly to everyone hurt by a fraud that stole billions of dollars from investors, lenders and customers.