Caroline Ellison, the former CEO of Alameda Research, will face charges for violating criminal tax only and can be released on bail immediately by paying $250,000 in bail.
The settlement between Ellison and the U.S. Attorney’s Office in the Southern District of New York has beenpublishon December 21, according to the document Former Alameda Research executives will be exonerated from all major allegations. which could allow her to escape up to 110 years in prison.
The attorney’s office agreed not to prosecute Ellison on seven prior charges in exchange for her cooperation.
However, the settlement does not include other entities against which Ellison will be sued. It also excludes possible prosecution for violations of criminal tax if disclosed by court proceedings.
The office will not object to the terms of the $250,000 bail and restrictions on embargo from the United States.
Meanwhile, former CEO of FTX, Sam Bankman-Fried. He is in the custody of the Federal Bureau of Investigation (FBI) and is on his way back to the United States. where he will be sent directly to the Southern District of New York to appear. before the judge
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