SEC Confirms Director Bans for Ex-Alameda, FTX Execs After Crypto Collapse
The Securities and Exchange Commission (SEC) has confirmed that Caroline Ellison, a former executive at Alameda Research and FTX, has consented to an officer-and-director bar. According to reports, this ban prevents her from holding leadership positions in any company for a period of 10 years. This development is part of the ongoing legal and regulatory fallout from the collapse of FTX and related entities. The SEC continues to pursue actions against individuals involved in the alleged misconduct leading to the exchange's downfall.
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