Ellison will also have to forfeit about $11 billion dollars, a federal judge ruled Tuesday.

NEW YORK — Former Alameda Research CEO Caroline Ellison was sentenced to 24 months – or two years – in prison by a federal judge on Tuesday.

The judge said Ellison, 29, who will also have to forfeit about $11 billion, could serve the sentence at a minimum-security facility near Boston, where her family lives. She will also spend three years on supervised release after she serves her term.

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