Caroline Ellison, the former Alameda Research CEO linked to the FTX case, was released from federal custody on Wednesday, a Bureau of Prisons spokesperson told Business Insider on Thursday, Jan. 22.
The spokesperson said Ellison had been in custody for about 14 months and was released from community confinement, which can include home confinement or a halfway house. Business Insider reported she moved into community confinement in October after serving about 11 months of her two-year sentence. Ellison was sentenced in September 2024 after pleading guilty to conspiring with FTX founder Sam Bankman-Fried in an $11 billion fraud scheme.
The key watch item now is execution risk around post-release supervision, including compliance with the terms of her supervised release, alongside any downstream updates in related FTX proceedings, including Bankman-Fried’s ongoing appeal.
Source: Business Insider.
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