Caroline Ellison was sentenced Tuesday to 24 months for her role in covering up Sam Bankman-Fried's rampant fraud at FTX—which caused billions in customer losses. Addressing the judge at sentencing, Ellison started out by explaining "how sorry I am" for concealing FTX's lies, Bloomberg reported live from the hearing.

Sean “Diddy” Combs is in the same jail facility as cryptocurrency entrepreneur Sam Bankman-Fried, Us Weekly can confirm.

Manhattan Federal Court Judge Lewis Kaplan told Ellison that while she was “gravely culpable,” her testimony was “remarkable” and warranted a merciful term.

Fried, the founder of the defunct cryptocurrency exchange FTX, has filed an appeal asking for a dismissal of his fraud conviction. The 102-page filing submitted by his attorneys argues that the earlier judgment was rushed,

Both Combs and the FTX founder are being held in the same area of MDC Brooklyn, a federal facility in New York City.

Appreciative prosecutors said Ellison’s cooperation was “critical to indict and convict” on-again, off-again lover and disgraced FTX boss Sam Bankman-Fried, who is now serving 25 years in prison

Fried’s lawyer, Alexandra Shapiro, to appeal a New York judge’s decision to keep him locked up while he awaits trial for racketeering and sex trafficking charges.

Lawyers and Kaplan must choose 12 jurors and six alternates for the trial, which is scheduled to last six weeks. They whittled the group of around 170 down to about 50 eligble jur

Former crypto titan Sam Bankman-Fried faces charges of fraud and money laundering related to the collapse of his crypto exchange, FTX.