Caroline Ellison released after serving about 60% of two-year sentence

Caroline Ellison was released from prison on Wednesday after serving roughly 60% of her two-year sentence, Beincrypto reported. The former co‑CEO of Alameda Research played a central role in the events that led to the collapse of the FTX exchange.

According to the US Federal Bureau of Prisons, the 31-year-old is now housed at a halfway facility in New York after being transferred there in October 2025; she began serving her sentence in November 2024. Her release came about ten months earlier than expected following sentence reductions tied to her cooperation with prosecutors and compliance with prison requirements. The SEC last month barred her from serving as an officer or director of any publicly traded company for ten years, citing earlier complaints that she helped mislead investors as FTX raised more than $1.8 billion.

Ellison pleaded guilty to fraud and conspiracy charges in 2022 and cooperated with prosecutors, testimony that helped secure Sam Bankman‑Fried’s conviction and 25-year sentence. She has said Alameda and FTX commingled customer assets, concealed losses, and relied on an open-ended credit arrangement. Ellison will remain in the halfway facility as part of her transition back into civilian life, and reactions to her early release on Crypto Twitter were mixed; Bankman‑Fried is appealing his sentence, and the likelihood of a retrial appears low.

Key Topics

Crypto, Caroline Ellison, Alameda Research, Ftx, Sec, Sam Bankman-fried