Caroline Ellison Transferred to Community Confinement
- Caroline Ellison, former CEO of Alameda Research, has been moved from federal prison to community confinement after serving about 11 months.
- Ellison’s new release date is set for February 20, 2026, nearly nine months earlier than initially scheduled.
- She was sentenced to two years in prison last September for her involvement in the FTX and Alameda fraud.
- Ellison admitted to misusing billions of dollars in customer funds from FTX and falsifying balance sheets.
- Her cooperation with prosecutors included testifying against Sam Bankman-Fried, who is serving a 25-year sentence.
Caroline Ellison has been transferred to community confinement with an anticipated release date in February 2026. Her testimony was pivotal in the case against FTX founder Sam Bankman-Fried, who received a lengthy sentence.
Source (3.2)https://cryptobriefing.com/caroline-ellison-confinement-update/?rand=59535