FTX has filed a motion to settle with former Alameda Research boss Caroline Ellison, asking her to hand over "substantially all of her assets." 🏦
- Ellison will transfer any assets not taken by the government or used for legal fees to FTX creditors.
- She'll also cooperate with FTX’s investigations, potentially spilling the beans on juicy details.
- FTX claims this deal is as good as it gets, saving time and money on further litigation.
A hearing on this proposed settlement is set for Nov. 20. Stay tuned for more crypto courtroom drama!