Latest Lewis A. Kaplan News

Ex-FTX executive spared prison sentence after cooperating against Sam Bankman-Fried

Oct. 30, 2024 18:51 PM EDT

NEW YORK (AP) — An ex-FTX executive who testified against the cryptocurrency firm’s founder at his trial last year was spared a prison sentence Wednesday by a federal judge who credited his substantial cooperation and late arrival in the multibillion dollar fraud. Nishad Singh,...

Tearful Caroline Ellison gets 2 years in prison over her role in FTX fraud

Sep. 24, 2024 19:14 PM EDT

NEW YORK (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 to everyone hurt by a fraud that stole billions of dollars from investors, lenders and customers. ...