Former Alameda Research CEO Caroline Ellison will not be allowed to leave the continental United States, and must forfeit any proceeds derived from the commission of the offenses she has been charged with, according to a recently unsealed plea agreement with the U.S. Attorney’s Office of the Southern District of New York.
She will also need to pay restitution of an amount determined by the court.
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The agreement states that if Ellison fully cooperates with the SDNY’s investigation, as well as any other law enforcement agency designated by the office, she won’t be further prosecuted criminally except for possible criminal tax violations with regard to the wire and commodity fraud charges that resulted from commingling funds between FTX and Alameda accounts. The deal does not guarantee that other agencies will not pursue prosecution at a later date.
A court would need to agree to the plea deal for it to be in effect.
Source: Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets
