I know her name is Ellison, but it could be she was one of the Lee Sisters, I think her name could be Ugh. Ugh Lee...
For her part in the scheme, the hefty charges Ellison was slapped with included wire fraud, commodities fraud, secutities fraud and money laundering.
However, in exchange for Ellison’s decision to “truthfully and completely disclose all information concerning all matters” in the investigation, prosecutors agree to release the Stanford-educated math whiz on $250,000 bail.
Deals struck with federal prosecutors are not usually revealed before they have been completed, so the amount of prison time — if any — Ellison has agreed to serve will not be announced until after she has finished co-operating, likely once Bankman-Fried’s trial has concluded.
The bail sum is 1,000 times less than that of her former paramour, Bankman-Fried, who is holed up at his parents’ Palo Alto home with an ankle monitor after being released on a record-breaking $250 million bail bond following his extradition from the Bahamas.
As part of her plea, Ellison, a Massachusetts native whose parents both teach at MIT, is also not allowed to travel outside the continental United States, and was made to surrender her travel documents to law enforcement.
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