Caroline Ellison has agreed to transfer nearly all of her available cash and assets to FTX Trading Ltd. to settle a bankruptcy court lawsuit and further extricate herself from Sam Bankman-Fried’s former cryptocurrency empire.
Ellison, who served as CEO of FTX-related hedge fund Alameda Research Ltd. and had been romantically involved with Bankman-Fried before FTX collapsed, agreed to hand over substantially all she can to the company and its creditors, according to papers filed Monday in the US Bankruptcy Court for the District of Delaware.
The deal settles litigation filed last year to recover about $30 million in payments and ...
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