Key takeaways
- Caroline Ellison was transferred from federal prison to community confinement after approximately 11 months in custody.
- She remains in federal custody with an anticipated release date of February 20, 2026.
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Caroline Ellison, former boss of Alameda Research and a key figure in the collapse of FTX, has been moved from federal prison to community confinement, according to the Bureau of Prisons.
Ellison was initially sentenced to two years in prison last September for her role in the FTX and Alameda fraud and began serving her sentence shortly after. Her transfer, which took place in October, means she is now in community detention, either at home or in a halfway house.
Ellison is scheduled to be released in February 2026, nearly nine months earlier than his original term.
As CEO of Alameda Research, Ellison managed the company’s business operations and capital allocation and recognized that billions of dollars of FTX customer funds were improperly used and hidden in falsified balance sheets provided to lenders.
After pleading guilty to multiple counts of fraud and conspiracy, Ellison cooperated with prosecutors and testified that her former boyfriend and FTX founder Sam Bankman-Fried directed the fraud. Bankman-Fried is currently serving a 25-year prison sentence.
