Crypto exchange FTX collapses


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Ellison's plea agreement has been unsealed

She must be ready to sing like a bird because this is a very friendly plea agreement for her. $250,000 bail, her surrender of travel documents and a forfeiture of assets. Basically a waiving of charges except for criminal tax violations if she fully cooperates.

The agreement states that if Ellison fully cooperates with the SDNY's investigation, as well as any other law enforcement agency designated by the office, she won't be further prosecuted criminally except for possible criminal tax violations with regard to the wire and commodity fraud charges that resulted from commingling funds between FTX and Alameda accounts.