FTX, Alameda Execs’ SEC Officer-Director Bars Get Court Approval

Three former FTX and Alameda Research executives will be temporarily barred from officer and director roles after a court approved their settlements with the US Securities and Exchange Commission Tuesday.

Caroline Ellison, who was Alameda’s CEO, agreed to being prohibited from overseeing companies with certain types of securities for 10 years, according to the judgment signed by Judge P. Kevin Castel. The US District Court for the Southern District of New York judge approved eight-year bans for FTX Trading Ltd.'s chief technology officer Gary Wang and co-lead engineer Nishad Singh.

• The trio also agreed to not offer or buy ...