Ellison’s attorneys filed a brief late Tuesday night stating that Ellison should complete his execution and receive probation for his role in FTX’s operation and subsequent collapse.

Ellison is known as one of FTX founder Sam Bankman-Fried’s key lieutenants and testified against Bankman-Fried at his trial last year. Bankman-Fried was convicted on seven counts of fraud and conspiracy.

Ellison pleaded guilty to fraud charges related to FTX’s operation just after September 2022, when the exchange filed for bankruptcy.

In the filing filed Tuesday night, Ellison was recommended by the Probation Department for three years of probation due to his “exceptional cooperation with the government” and attached character testimonies. The dossier also recommended that Ellison not be fined.

It was stated in the file that Ellison did not pose a risk of re-offending and did not pose a threat to public security. “Ellison’s early disclosure of the crimes, his acceptance of responsibility, and – most importantly – his extensive cooperation with the government should be tolerated to encourage respect for the law,” it said.

The document covered Ellison’s childhood, college period and early career in detail. It was detailed that he met Bankman-Fried at Jane Street and then joined Bankman-Fried’s first company, Alameda Research.

Ellison began using Adderall during his time at Alameda and had an on-and-off relationship with Bankman-Fried. Lawyers stated that Bankman-Fried frequently ignored Ellison.

She was also isolated from her friends because she moved to Hong Kong just before travel between the US and Hong Kong closed due to COVID restrictions.

The sentencing docket was submitted along with Ellison’s diary entries, disclosures about FTX’s collaboration with the bankruptcy estate, and letters from former colleagues, friends and family. Some of these letters were censored; However, Inner City Press asked the court to hold a hearing requesting that the censorship of these names be lifted.

Ellison’s lawyers stated that the letter writers risked harassment or personal information being disclosed and stated that at least one letter was written by another former Alameda Research employee.

John J. Ray III, CEO of FTX’s bankruptcy estate, wrote that Ellison’s help was “invaluable” to his team’s takeover while the stock market was crashing. He said the estate was close to an agreement with Ellison that would “surrender the majority of its remaining assets” and provide continued support to the bankruptcy team in restructuring FTX and related assets.

Similarly, attorneys who filed class actions against FTX’s former executives testified that Ellison provided “valuable assistance” for FTX’s creditors in recovering funds. Court-appointed auditor Robert Cleary also stated that Ellison was helpful.

Ellison’s diary entries reveal his thought process during his time in Alameda, his state of mind, the effects of work and relationships with Bankman-Fried on him, and his thoughts on how to improve his life.

Ellison’s sentence will be handed down on September 24, 2024, in the same court where Bankman-Fried was tried. FTX’s other executives, Nishad Singh and Gary Wang, will also be sentenced in October and November this year.