Key Takeaways
- Caroline Ellison was transferred from federal prison to community confinement after about eleven months.
- She remains in federal custody with a parole date of February 20, 2026.
Caroline Ellison, the former boss of Alameda Research and a key figure in the collapse of the FTX, has been moved from a federal prison to a community prison, according to the Bureau of Prisons.
Ellison was sentenced to two years in prison last September for her role in the FTX and Alameda fraud and began serving her sentence shortly thereafter. Her transfer, which took place in October, means she is now in community confinement, either in house arrest or in a halfway house.
Ellison is scheduled for release in February 2026, nearly nine months earlier than her original term.
As CEO of Alameda Research, Ellison managed trading operations and capital allocation at the firm and recognized that billions of dollars of FTX customer funds were being improperly used and concealed through falsified balance sheets provided to lenders.
After pleading guilty to multiple fraud and conspiracy charges, Ellison cooperated with prosecutors and testified that her ex-boyfriend and FTX founder Sam Bankman-Fried directed the fraud. Bankman-Fried is now serving a 25-year prison sentence.
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