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Alameda Research's Caroline Ellison Completes Prison Sentence in January 2026
Caroline Ellison, the former co-CEO of now-defunct Alameda Research, completed her federal prison sentence on January 21, 2026, marking a significant milestone in the ongoing legal fallout from FTX’s spectacular collapse. According to the United States Federal Bureau of Prisons official records, Ellison had been serving her sentence for her role in the fraudulent scheme that led to Alameda Research’s bankruptcy and the downfall of the crypto exchange empire.
The path to her release involved a structured transition process. In October 2025, Ellison was transferred from a Connecticut correctional facility to community confinement, effectively reducing the severity of her incarceration status in the months leading up to her full discharge. This intermediate step is standard procedure in the federal prison system for inmates approaching their release dates. The transfer allowed her to gradually reintegrate into society while remaining under supervision.
Ellison’s case has been closely watched by the crypto community and legal observers alike, as it represents one of the most high-profile prosecutions stemming from the FTX-Alameda scandal that shook the industry in late 2022. Her release brings another chapter to a close in the legal proceedings related to Alameda Research’s involvement in one of crypto’s biggest financial frauds.