Caroline Ellison, former CEO of Alameda Research and a central figure in the FTX scandal, currently serving time for her role in the multibillion-dollar fallout, is set to be released early next month.
According to information from the US Federal Bureau of Prisons, Ellison’s release date is currently listed as January 21, 2026.
She has been residing in a New York-based community confinement facility since her transfer from a federal prison in Connecticut in October 2025.
Ellison was originally expected to remain under supervision until February 20 as per her initial release date.
The reason for the shortened four-week timeline was not publicly specified.
Ellison was among the key insiders involved in the estimated $8 billion fallout of the FTX cryptocurrency exchange, which collapsed in November 2022 after revelations of deeply entangled financial practices between FTX and its sister firm, Alameda Research.
The incident is considered one of the largest financial frauds in recent US history and sent ripples throughout the entire crypto market as it took down many lending firms and exposed a fragile industry infrastructure, ultimately affecting millions of investors worldwide.
Ellison initially joined Alameda as a trader and later took over from Sam Bankman-Fried as CEO, where she oversaw the firm’s high-risk strategies and trading decisions.
She was also known to have briefly dated FTX CEO and founder Sam Bankman-Fried, a...
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