FTX Founder SBF’s Early Release Set for 2044; Caroline Ellison to Exit Prison by 2026
In a significant development, Sam Bankman-Fried (SBF), the former CEO of the collapsed cryptocurrency exchange FTX, is now set for early release in December 2044—four years ahead of his original 25-year sentence. Meanwhile, Caroline Ellison, former head of Alameda Research, could walk free as early as May 2026. Both reductions stem from good behavior, participation in prison programs, and time served prior to sentencing.
SBF’s Early Release Set for 2044; Caroline Ellison to Get Out by 2026
Sam Bankman-Fried, the disgraced former CEO of FTX, will walk free on December 14, 2044—four years earlier than his original 25-year sentence for fraud. Good behavior, participation in prison programs, and time served prior to sentencing contributed to the reduction.
Caroline Ellison, former head of Alameda Research, faces an even shorter stint behind bars. Her projected release date now stands at May 2026. Both cases underscore how sentencing credits and pre-trial detention can significantly alter prison timelines.
FTX’s Sam Bankman-Fried Could See Early Release Amid Prison Good Behavior
Sam Bankman-Fried, the disgraced founder of collapsed crypto exchange FTX, may exit prison nearly four years earlier than his 25-year sentence for fraud. Federal corrections officials credit his participation in rehabilitation programs and pre-sentencing custody time.
The former billionaire was convicted in 2024 of orchestrating what prosecutors termed one of history’s largest financial frauds, stealing billions from FTX customers and investors. His sentencing marked a watershed moment for cryptocurrency regulation.
Caroline Ellison, former Alameda Research CEO and key prosecution witness against Bankman-Fried, remains scheduled for release in May 2026. The hedge fund’s entanglement with FTX fueled the exchange’s catastrophic $32 billion collapse.