Former Alameda CEO Caroline Ellison to be released from federal custody in January next year
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- The Block reported that former Alameda Research CEO Caroline Ellison is expected to be released early from federal custody in January next year.
- Ellison pleaded guilty to fraud and conspiracy related to the FTX case, and her cooperation in recovering FTX assets was cited as the reason for the early release.
- Ellison will be barred from serving as an officer or director of a publicly listed company or a virtual-asset exchange for 10 years after release, and supervised release will continue to apply.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
On the 26th (local time), according to crypto-focused media The Block, Caroline Ellison, the former CEO of Alameda Research and one of the key figures in the collapse of FTX, is expected to be released from federal custody in January next year.
According to records from the U.S. Federal Bureau of Prisons (BOP), Ellison is scheduled for release on January 21, 2026. Ellison is currently 31 years old and was transferred to community confinement from a federal prison in Connecticut last October.
Ellison pleaded guilty in December 2022 to fraud and conspiracy charges related to the collapse of the FTX cryptocurrency exchange.
The case resulted in the loss of billions of dollars in customer funds. She cooperated with prosecutors during the investigation and testified against FTX founder Sam Bankman-Fried. Bankman-Fried was later convicted and sentenced to 25 years in prison.
U.S. Southern District of New York Judge Lewis Kaplan sentenced Ellison in September 2024 to a two-year prison term and issued an $11 billion forfeiture order. Ellison began serving her sentence in November 2024, and this release is roughly 10 months earlier than the scheduled end of her term.
The early release is interpreted as reflecting good-conduct time credits and her cooperation with investigators.
Earlier, John J. Ray III, CEO of the FTX bankruptcy estate, stated in court filings that Ellison "provided crucial cooperation that led to the recovery of hundreds of millions of dollars in assets for creditors."
Earlier this month, Ellison agreed to sanctions barring her from serving as an officer or director of a publicly listed company or a virtual-asset exchange for the next 10 years. Supervised release will continue to apply after her release.
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