
Caroline Ellison to surrender nearly all remaining assets to FTX
FTX said the settlement is beneficial and prevents the high cost of litigation.

Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.

The sentence comes despite Ellison's request for no prison time on the basis of her cooperation with authorities.

The settlement is related to two FTX audit reports from February 2021 to April 2022 where the SEC found traces of negligence.

The defense argued that the judge had prejudged SBF and requested a new trial.

Salame retracted earlier testimony, admitting to being promised leniency for his partner in exchange for guilty plea.

Wallets linked Alameda Research shifted around $300,000 worth of crypto to centralized exchanges.

Caroline Ellison asks for leniency in FTX trial, points to her extensive cooperation with the authorities.



