Former Alameda Research CEO Caroline Ellison is set to face a sentencing hearing on September 15th, where she may receive a lenient sentence after a recommendation from United States prosecutors. In a filing in the US District Court for the Southern District of New York, US Attorneys wrote to Judge Lewis Kaplan to inform him of Ellison’s “extraordinary cooperation” in the prosecution of former FTX CEO Sam “SBF” Bankman-Fried, as well as her assistance in uncovering the wrongdoing at Alameda Research and FTX.

According to prosecutors, Ellison provided “credible and compelling testimony” against Bankman-Fried at trial and was “forthcoming about her own grave misconduct” in FTX’s collapse. The filing stated that while Ellison played a core role in Bankman-Fried’s criminal schemes, she did not work at FTX and had no involvement in designing the coding systems that allowed Alameda special treatment on FTX.

Prosecutors seemed to focus much of the blame for the crimes in the indictment on Bankman-Fried, but acknowledged that Ellison “willingly participated in misconduct” as Alameda’s CEO. At SBF’s direction, Ellison and others borrowed billions of dollars in FTX user funds to pay Alameda lenders.

After FTX’s collapse in November, Ellison began cooperating with US government officials in December, pleading guilty to seven counts of wire fraud, commodities fraud, securities fraud, and money laundering. She testified at Bankman-Fried’s trial in October, revealing that she had created fraudulent balance sheets to cover up Alameda borrowing billions from FTX.

Since appearing in court for her testimony, Ellison’s whereabouts and activities have been largely unknown to the general public. Her lawyers have requested time served and three years of supervised release, citing her cooperation in indicting and convicting Bankman-Fried.

According to US prosecutors, Ellison also provided valuable assistance in civil cases brought by the Securities and Exchange Commission and Commodity Futures Trading Commission. The regulators had filed lawsuits against Bankman-Fried but agreed to defer the cases until the conclusion of his criminal trial.

Given the similar filings from Ellison’s lawyers and prosecutors citing her cooperation, it remains unclear whether Judge Kaplan will sentence her to prison time. The filing described Ellison’s “earnest remorse” for her involvement and the intense scrutiny she has faced from the media, including from Bankman-Fried who released her online journals to New York Times reporters.

The Government praised Ellison’s cooperation, stating that they cannot think of another cooperating witness in recent history who has received a greater level of attention and harassment. Ellison is scheduled to appear in court on September 15th for her sentencing before Judge Kaplan.