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Caroline Ellison, former CEO of Alameda Research, was released from federal prison after 14 months due to good behavior. She faces a 10-year ban from executive roles and has cooperated with authorities in the FTX investigation, aiding in the recovery of funds for creditors.
The SEC has charged Unicoin and its top executives with securities fraud, alleging they raised over $100 million through a token that was falsely claimed to be backed by real estate. The complaint states that Unicoin inflated property values and overstated its sales, while the company's CEO has rejected the SEC's allegations and criticized the regulator's practices against crypto companies.