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How much cash will Caroline Ellison forfeit to FTX creditors by end of 2024?
3
Resolution / Starting Odds
Less than $10 million • 25%
$10 million to $50 million • 25%
More than $50 million • 25%
Amount undisclosed • 25%
Official statements from FTX or legal documents confirming the cash amount
Story
Caroline Ellison to Forfeit Assets in FTX Settlement, Hearing Set for Nov. 20
Oct 9, 2024, 09:47 AM
Former Alameda Research CEO Caroline Ellison has agreed to forfeit nearly all her assets to FTX creditors as part of a settlement. The agreement requires her to hand over 'substantially all' of her remaining assets, except for personal items. A hearing regarding this settlement is scheduled for November 20, 2024. This move is part of FTX's efforts to repay its creditors. The deal also involves cash and cooperation from Ellison.
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Declared bankruptcy • 25%
Still financially stable • 25%
Involved in new business venture • 25%
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