US EditionFormer Alameda CEO Caroline Ellison Released From Prison
Ellison served 440 days of a two-year sentence for fraud and conspiracy, cooperating with prosecutors and testifying against former FTX CEO Sam Bankman-Fried.
- On Wednesday, Caroline Ellison, former chief executive of Alameda Research, is leaving a residential reentry management facility in New York after serving part of a two-year sentence.
- Caroline Ellison pled guilty in December 2022 to multiple fraud and conspiracy counts following FTX's collapse and her role leading Alameda Research trading firm.
- Prosecutors say Alameda Research had access to customer deposits via an unlimited line of credit and a bank account `fiat@`, and Sam Bankman‑Fried received a nearly 25‑year sentence and $11 billion ordered repayment.
- Ellison has been in community confinement after a transfer from a federal prison in Connecticut, using a residential reentry management facility, while the Securities and Exchange Commission last month sought to bar her, Gary Wang, and Nishad Singh from public company leadership roles.
- The broader fallout includes pardon efforts and courtroom testimony, as in recent months Sam Bankman-Fried has been angling for a presidential pardon and Caroline Ellison told the court he directed her actions.
33 Articles
33 Articles
Caroline Ellison Leaves US Custody After 14 Months
Caroline Ellison is out of federal custody, roughly a year after she helped prosecutors take down Sam Bankman-Fried. Federal prison officials confirmed the 32-year-old former head of Alameda Research—FTX's sister trading firm and a key player in its collapse—was released Wednesday from "community confinement," meaning she is no...
Business Insider
FTX exec Caroline Ellison is now a free woman
FTX exec Caroline Ellison has been released from prison.Michael M. Santiago/Getty ImagesCaroline Ellison, the exec involved in the FTX scandal, has been released from federal custody.The former Alameda Research CEO had been in federal custody for roughly 14 months. She was sentenced to two years in prison for her involvement in a crypto fraud with Sam Bankman-Fried.Caroline Ellison, the former cryptocurrency executive and ex-girlfriend of Sam Ba…
Caroline Ellison, former Alameda and FTX executive, released after 14 months
The former Alameda Research chief and key witness against Sam Bankman-Fried has exited federal custody but remains subject to long-term bans, injunctions, and supervision tied to the FTX collapse.
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