Caroline Ellison Transferred to Community Confinement Amid FTX Fallout
Caroline Ellison, former Alameda Research CEO, has been moved from federal prison to community confinement after serving approximately eleven months of her two-year sentence. The transfer positions her closer to release than initially anticipated, with her official release date remaining February 20, 2026—nine months earlier than her original sentence completion.
The Federal Bureau of Prisons confirmed the transition to less restrictive conditions without disclosing specific details. "Individuals in community confinement may be placed in home confinement or residential reentry centers," stated spokesperson Randilee Giamusso, citing privacy and security protocols.
Ellison began her sentence in November 2024 following guilty pleas tied to an $11 billion fraud scheme involving FTX and Alameda Research. Her testimony during Sam Bankman-Fried’s 2023 trial implicated both in the misuse of customer funds.
