Summary
- Cointelegraph reported that Caroline Ellison, former CEO of Alameda Research, will be released from Danbury Federal Correctional Institution in Connecticut.
- Ellison will be freed after 440 days in custody, about one month earlier than the originally scheduled release date.
- She was sentenced to two years in prison for aiding and abetting crimes related to FTX, and the report said that after being transferred in mid-month from the prison to a reentry facility, the early-release process proceeded.
Caroline Ellison, former chief executive officer (CEO) of Alameda Research, is set to be released on the 21st (local time) from Danbury Federal Correctional Institution in Connecticut, according to crypto-focused media outlet Cointelegraph.
Ellison will be freed after 440 days in custody, about one month earlier than the originally scheduled release date. She had previously been sentenced to two years in prison for aiding and abetting crimes related to FTX.
According to the report, Ellison was transferred in mid-month from the prison to a reentry facility, after which the early-release process proceeded.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
