FTX insider Caroline Ellison moved to community confinement ahead of 2026 release
Summary
Caroline Ellison, the former CEO of Alameda Research and a key figure in the FTX collapse, has been transferred from federal prison to community confinement after serving approximately 11 months of her sentence. She was originally sentenced to two years last September for her role in the FTX and Alameda fraud. Her transfer, which occurred in October, means she is now in home confinement or a halfway house, with a scheduled release date of February 20, 2026, nearly nine months earlier than initially expected. Ellison pleaded guilty to multiple fraud and conspiracy counts and cooperated with prosecutors, testifying that FTX founder Sam Bankman-Fried led the fraud; Bankman-Fried is currently serving a 25-year sentence.
(Source:Crypto Briefing)