- by foxnews
- 18 Nov 2024
Chief executive of FTX sister company pleads guilty to seven offences
Chief executive of FTX sister company pleads guilty to seven offences
- by theguardian
- 24 Dec 2022
- in news
1.2 k views
Caroline Ellison, the former chief executive of the FTX sister company Alameda Research, has agreed to plead guilty to seven offences including wire fraud, securities fraud and money laundering, according to a newly unsealed agreement with prosecutors.
Alongside the newly unsealed plea deal, the Commodity Futures Trading Commission filed an amended complaint detailing the case against Ellison and the Alameda/FTX co-founder Gary Wang, incorporating their conduct alongside the previously filed charges against Sam Bankman-Fried, the founder of the FTX group.
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