Caroline Ellison, the former CEO of Alameda Research, is facing up to 110 years in prison
Per her plea deal, she has pleaded guilty to seven charges, including wire and securities fraud.
She has also agreed to pay restitution of an amount to be determined by the courts.
That's according to Ellison's plea agreement with prosecutors in the Southern District of New York, dated December 18.
Ellison faces seven charges that collectively carry a maximum prison sentence of 110 years. These include conspiracy to commit wire fraud, securities fraud, and commodities fraud. She also faces a charge of conspiracy to commit money laundering.
Ellison has agreed to waive any defenses to the charges. Per her deal with prosecutors, she also agreed to pay restitution, the amount of which the courts will determine.
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