Former Alameda Research CEO Caroline Ellison is seeking a sentence of time served and supervised release for her involvement in the FTX collapse. Ellison, who pleaded guilty to multiple fraud charges, has cooperated extensively with prosecutors and testified against her former boss and ex-boyfriend, Sam Bankman-Fried, who received a 25-year prison sentence. Her legal team argues that her cooperation, lack of prior criminal record, and personal testimonials warrant leniency. The Probation Department has recommended a time-served sentence due to her significant assistance. Ellison has expressed deep remorse and has been engaged in community service and writing projects since the collapse. Her sentencing hearing is scheduled for September 24, 2024, and she has requested to redact sensitive personal information from her court submissions to protect her privacy and safety.