(This story was updated to add new information.)
The fallout from a multi-billion dollar scam that bankrupted the cryptocurrency company FTX and plunged some markets into chaos two years ago continued Tuesday when former crypto executive Caroline Ellison was sentenced to 24 months in prison.
Ellison, the former chief executive of FTX’s sister firm and crypto hedge fund Alameda Research turned romance novelist , has described herself as a remorseful participant in the fraud. Prosecutors said her cooperation helped convict FTX mastermind and her former boyfriend Sam Bankman-Fried in 2023…