According to Golden Finance, former Alameda Research CEO Caroline Ellison is scheduled to be sentenced on September 24th. In court documents filed on September 17th, U.S. prosecutors stated that Ellison had shown "extraordinary cooperation" in the prosecution of former FTX CEO Sam Bankman-Fried, providing "credible and powerful testimony" for the trial. She also admitted to her serious misconduct in the collapse of FTX. Although she was involved in illegal activities, prosecutors attributed the primary responsibility to Bankman-Fried. Ellison previously pleaded guilty to seven charges of fraud and money laundering. Prosecutors recommended leniency in her sentence, while her lawyers requested a sentence of time served and three years of supervised release.