According to ChainCatcher, former Alameda Research CEO Caroline Ellison will be sentenced on September 24. At the suggestion of US prosecutors, she may receive a lenient sentence.
U.S. prosecutors mentioned in court documents filed on September 17 that Ellison gave "high cooperation" in the case against former FTX CEO SBF and assisted in investigating "wrongful conduct by Alameda Research and FTX." Prosecutors said she provided "credible and powerful testimony" at the trial and confessed her serious misconduct in the FTX collapse.
Prosecutors appeared to pin most of the crimes in the indictment on SBF but acknowledged that Ellison “willingly participated in the misconduct” as Alameda’s CEO.
Ellison had previously pleaded guilty to seven counts of fraud and money laundering, and his attorneys requested a sentence of time served followed by three years of supervised release.
