FTX has filed a motion seeking approval of a settlement with former Alameda Research boss Caroline Ellison, who agrees to transfer any assets that have not been forfeited to the government in her criminal case or used to pay FTX creditors’ legal fees to FTX creditors. The motion states that once Ellison meets the conditions, “she will have no remaining assets other than certain tangible personal property,” but does not specify the value of the assets she will forfeit. In addition, she has agreed to cooperate with the bankrupt cryptocurrency exchange’s investigation and court case, which may include sharing documents or knowledge she obtained as the former head of FTX’s sister trading firm and SBF’s ex-girlfriend. A hearing on the proposed settlement is scheduled for November 20. (Cointelegraph)