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FTX Caroline Ellison Early Release Date - News Directory 3

FTX Caroline Ellison Early Release Date

December 29, 2025 Victoria Sterling Business
News Context
At a glance
  • Here's‍ a breakdown of the⁤ key data from the provided text, focusing on Caroline Ellison and the FTX case:
  • *⁢ Caroline⁤ Ellison's‍ Release: Originally ⁣scheduled for February 20th, her release date was moved to‍ July 20,‍ 2026 - three months earlier than initially planned.She is currently ⁢in...
Original source: pymnts.com

Here’s‍ a breakdown of the⁤ key data from the provided text, focusing on Caroline Ellison and the FTX case:

*⁢ Caroline⁤ Ellison’s‍ Release: Originally ⁣scheduled for February 20th, her release date was moved to‍ July 20,‍ 2026 – three months earlier than initially planned.She is currently ⁢in ⁤community confinement (either ‍home confinement or a halfway house).
* Sentence & Plea: Ellison was sentenced to two years in ⁢prison⁣ in September of last year after pleading guilty in December 2022. She began serving ⁤her sentence in November 2024.
* Role in FTX/Alameda: She headed Alameda Research, FTX’s sister firm.
* Testimony Against Bankman-Fried: Her testimony was crucial in convicting Sam bankman-Fried (SBF) ⁣on seven counts of fraud and conspiracy. She⁤ testified that SBF directed her and other ‍executives to commit fraud, specifically using billions of dollars of FTX customer funds for investments‍ at Alameda.
* Relationship with SBF: Ellison had an on-again, off-again romantic relationship with Bankman-Fried.
* Other Involved Executives: Zixiao (Gary) Wang (former‍ CTO of FTX⁣ Trading) and Nishad Singh‍ (former‍ co-lead ⁢engineer of ⁢FTX) were also involved and⁢ testified. Thay, along with Ellison, recently agreed to final judgments with the SEC.
* FTX Collapse: The fraud and misuse of customer funds⁤ led to the collapse of the ‍FTX exchange.

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