Caroline Ellison Prepares for Sentencing Hearing, Requests Privacy Protections to Shield Identities of Supporters

As disclosed in a recent court filing, Caroline Ellison, the former CEO of Alameda Research, is preparing for her sentencing hearing two years after the collapse of the FTX exchange

Caroline Ellison, the former CEO of Alameda Research, is preparing for her sentencing hearing, which will take place two years after the collapse of the FTX exchange, which was once run by her former partner, Sam Bankman-Fried.

However, a recent court filing shows that Ellison is asking to redact sensitive information from her upcoming sentencing submission, in order to protect the identities of third parties and her current living situation from public view.

Ellison's Attorney Requests Privacy Protections

Ellison's lawyer filed the request with Judge Kaplan on Monday, highlighting the need to redact the names and personally identifiable information of people who wrote letters of support on her behalf.

The filing expresses concerns about "potential harassment and doxing," especially considering the intense media attention Ellison has received since the case began. Bankman-Fried's previous attempts to disclose her private details have also prompted Ellison to request protection for her friends and supporters.

The request also argues that the redactions will not significantly impact the court's decision-making process, as the information is not material to the sentencing outcome.

Ellison's counsel points to precedents that have allowed for the redaction of sensitive information in judicial documents, to protect the privacy interests of individuals who are not directly involved in the case.

FTX And Alameda Research Scandal Fallout

Among the items Ellison wishes to redact are certain medical details and aspects of her living situation that could expose her to further risks.

The filing notes that while the court's rules allow for the redaction of medical records, the information Ellison seeks to protect does not fall under formal medical documentation but still carries significant privacy implications.

The former Alameda Research CEO also plans to submit journal entries that reflect her state of mind during her time at Alameda Research, but she is requesting to redact "potentially embarrassing information" that pertains to others and lacks public relevance.

The lawyers note that the court has typically granted similar requests in the past.

As previously reported by Bitcoinist, Ellison's role in the FTX scandal was substantial. She admitted to conspiring with Bankman-Fried to defraud investors, lenders, and consumers, disclosing that FTX executives received massive loans from Alameda Research.

Bankman-Fried, on the other hand, is serving a 25-year sentence at an Oklahoma detention center, despite a federal judge's recommendation that he remain in New York to assist in his appeal following the court's findings, which ultimately had major implications for the broader crypto market.

At the time of this writing, FTX's native token, FTT, is trading at $1.33, showing gains of 1.4% in the last 24 hours. The rally is currently being led by Bitcoin (BTC), which is battling to reclaim the $58,000 mark after plummeting towards $52,000 on Friday.

Featured image from DALL-E, chart from TradingView.com

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