PANews reported on October 9 that according to Cointelegraph, FTX has filed a motion seeking approval for a settlement with Caroline Ellison, former co-CEO of Alameda Research, which will transfer "almost all of the assets" she left behind. The motion was filed on October 7, requesting the court to authorize a settlement with Ellison, who agreed to transfer any assets not confiscated by the government in his criminal case or used to pay legal fees to FTX creditors. The motion states that once the conditions are met, "Ellison will no longer have any assets other than certain physical personal property," but does not specify the value of the assets she will lose.