Important points
- After serving about 11 months in prison, Caroline Ellison was transferred from federal prison to community confinement.
- She remains in federal custody with an early release date of February 20, 2026.
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Caroline Ellison, the former president of Alameda Research and a central figure in the FTX collapse, has been transferred from federal prison to community confinement, according to the Bureau of Prisons.
Ellison was originally sentenced to two years in prison last September for his role in the FTX and Alameda fraud cases, which he began serving soon after. Her transfer, which took place in October, means she is currently confined in the community, either under house arrest or residing in an isolation facility.
Ellison is scheduled to be released from prison in February 2026, nearly nine months earlier than his original term.
As CEO of Alameda Research, Mr. Ellison controlled the company’s trading operations and capital allocation, and admitted that billions of dollars in customer funds from FTX were misused and concealed through falsified balance sheets provided to lenders.
After pleading guilty to multiple counts of fraud and conspiracy, Ellison cooperated with prosecutors and testified that his ex-girlfriend, FTX founder Sam Bankman Fried, led the fraud. Bankman Freed is currently serving a 25-year prison sentence.
