Caroline Ellison transferred from federal prison to community management program

tx_pending_forever · 2026-01-13T07:59:44+00:00

Caroline Ellison played a key role in the FTX fraud case and has transitioned from incarceration to a community management program, with an expected early release on February 20, 2026. As a key witness, her cooperation helped her receive a lighter sentence, but she still bears criminal responsibility.

tx_pending_forever

2026-01-13 07:59:44

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In the FTX fraud case, Caroline Ellison, who played a key role, has recently experienced a significant change in her detention location. The former CEO of Alameda Research was transferred from Danbury Federal Prison in Connecticut to a community management program in mid-October (the 16th), which may involve house arrest or halfway house arrangements. Nevertheless, she remains under the supervision of the U.S. federal judicial system.

Case Background and Sentencing Details

Ellison was sentenced to 24 months in prison for her role in the $11 billion FTX fraud case. Since her incarceration, she has served over 11 months. According to prison records, she is expected to be released early on February 20, 2026, which is more than a year from now.

Key Witness Role in the Trial

During the 2023 criminal trial of Sam Bankman-Fried, Caroline Ellison became an important witness. Her full cooperation with authorities was recognized and affirmed by the presiding judge, which was a significant factor in her relatively light sentence. Despite this, the court still determined that she needed to bear corresponding criminal responsibility, and thus upheld the original verdict.

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