Caroline Ellison has reached a plea deal with prosecutors that will free her from further criminal charges if she cooperates with the investigation

Former Alameda Research CEO Caroline Ellison has reached a plea deal with the U.S. Attorney's Office for the Southern District of New York and will be released on bail after paying a $250,000 bond. The plea agreement states that she will not be able to leave the continental United States, will be required to surrender any travel documents she possesses, and must forfeit any proceeds from her alleged crimes. In addition, if she cooperates fully with the SDNY investigation and any other law enforcement agency designated by the office, she will not be subject to further criminal prosecution, except for possible violations of wire and commodity fraud charges resulting from the commingling of funds between the FTX and Alameda accounts.