The former Alameda Research CEO’s lawyers have requested time served, and prosecutors seemed flattering in their sentencing memo, but what will Judge Lewis Kaplan say on Sept. 24?
On Sept. 24, almost a year after appearing in court to testify against her ex-boyfriend, Caroline Ellison will return to New York to be sentenced for her involvement in the misuse of user funds at FTX and Alameda Research.
Ellison was the CEO of Alameda before November 2022, when the firm and crypto exchange FTX collapsed. She has arguably been one of the most elusive executives to be indicted on criminal charges, has not posted to her X account in roughly two years and is rarely, if ever, seen in public.
The former Alameda CEO will return to court on Sept. 24. Judge Lewis Kaplan of the United States District Court of the Southern District of New York will determine Ellison’s future based on sentencing guidelines and recommendations from prosecutors and defense attorneys. Ellison has already pleaded guilty to seven counts of wire fraud, commodities fraud, securities fraud and money laundering related to the misuse of FTX user funds.
