One of the key witnesses in the ongoing FTX investigation may evade all the seven counts of allegations against her with a plea deal.
Former Alameda Research CEO Caroline Ellison would only be prosecuted for criminal tax violations under the agreement and could be released immediately on $250,000 bail.
The plea deal between Ellison and the Office of the United States Attorney for the Southern District of New York was published on Dec. 21.
Two accused her of committing wire fraud on customers of FTX and engaging and conspiring to do so.
Count five charged her with conspiracy to commit commodities fraud, and count six alleged conspiracy to commit securities fraud on FTX’s equity investors.
Source: Cointelegraph