Merry Christmas, Caroline Ellison: Here's an early release from custody
The former Alameda Research CEO, subject to intense public scrutiny for her role in FTX’s collapse and association with Sam Bankman-Fried, will be released in January.
Former Alameda Research CEO Caroline Ellison, sentenced to two years in prison for her role in the misuse of clients’ funds at cryptocurrency exchange FTX, will be released in a matter of weeks following an update from US federal authorities.
As of Wednesday, Ellison’s release from federal custody will be Jan. 21, according to information provided by the Federal Bureau of Prisons. The former Alameda CEO was transferred out of prison in October and relocated to a Residential Reentry Management field office in New York City, where she had been expected to remain until Feb. 20, her initially announced release date.
The reason for the truncated four-week timeline for Ellison’s release was not publicly specified. However, many federal inmates are eligible for good-conduct credits and reentry programs.
Read more
