Caroline Ellison, ex-CEO of Alameda Research, will now be released from prison on July 20, 2026, significantly earlier than her initial two-year sentence for her role in the FTX collapse. Ellison’s reduced term may stem from sentencing credits, though this remains unconfirmed. She played a key role as the prosecution’s star witness against FTX founder Sam Bankman-Fried, who is serving 25 years. Meanwhile, other FTX associates, Gary Wang, and Nishad Singh, evaded prison with hefty fines, while ex-FTX Digital Markets CEO Ryan Salame is serving seven years for campaign finance violations.
