Caroline Ellison, former CEO of Alameda Research – a quantitative trading firm that played a central Vai in the FTX empire – is expected to be released in early 2026, marking a new chapter in the protracted legal battle following the biggest cryptocurrency collapse in history.
According to publicly available records from the U.S. Federal Bureau of Prisons, Ellison will complete his sentence on January 21, 2026, after being transferred from a Connecticut detention facility to community-based probation last October. This transition typically indicates that the inmate has completed most of their sentence and has been assessed as having a high level of compliance during their rehabilitation.
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While Caroline Ellison is about to be released, Sam Bankman-Fried, the former CEO of FTX, is still serving a 25-year prison sentence, significantly longer than Caroline's. He is currently appealing his sentence and appeared in court again last November seeking a reduction.
Also Read: Former FTX CEO Sam Bankman-Fried Returns to Court in Effort to Appeal 25-Year Prison Sentence
