Former Alameda Research CEO Caroline Ellison agreed to settle a case with FTX, which would apparently see her turn over everything she has left.
FTX has filed a motion seeking approval for a settlement agreement with former Alameda Research boss Caroline Ellison which would see turn over “substantially all of her assets” she has left.
The motion, filed on Oct. 7, requests the court authorize a settlement agreement with Ellison, who agreed to transfer any assets not forfeited to the government in her criminal case or used for legal fees to the FTX creditors.
The motion noted that once she meets the terms, “Ellison will have no remaining assets other than certain physical personal property,” but did not specify the value of the assets she would forfeit.
