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What will be the outcome of Caroline Ellison's FTX settlement hearing on Nov 20, 2024?
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Resolution / Starting Odds
Settlement Approved • 25%
Settlement Rejected • 25%
Settlement Deferred • 25%
Other Outcome • 25%
Official court documents or announcements from the November 20, 2024, hearing
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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No prison time • 25%
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3 to 7 years • 25%
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5 to 10 years • 25%
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No • 50%
Time served and supervised release • 25%
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