Former Alameda Research CEO Caroline Ellison's plea agreement includes a deal for $250,000 bail and a surrender of the exec's travel documents

Dec 22 2022 by Business Insider

 
The collapse of FTX exchange.

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Former Alameda Research CEO Caroline Ellison's plea agreement includes $250,000 bail and an agreement to surrender travel documents. Per the deal, Ellison will not be allowed to leave the continental United States and must forfeit proceeds of the crimes. FTX cofounder Gary Wang also pleaded guilty to fraud charges in connection to the downfall of the crypto empire.

Former Alameda Research CEO Caroline Ellison could receive up to 110 years...

Continue Reading Former Alameda Research CEO Caroline Ellison's plea agreement includes a deal for $250,000 bail and a surrender of the exec's travel documents