Caroline Ellison, former co-CEO of Alameda Research, is being released from federal prison on Jan. 21, 2025, per U.S. Federal Bureau of Prisons records. She was previously transferred from a Connecticut prison to home confinement in October 2025. On Dec. 20, 2025, the U.S. Securities and Exchange Commission (SEC) issued a litigation notice noting that former FTX CEO Sam Bankman-Fried remains in federal prison on fraud charges. Executives including Ellison (who served as Alameda’s CEO under Bankman-Fried’s leadership) have agreed to a settlement deal pending court approval. The other executives who signed the settlement are Zixiao Wang, former CTO of FTX Trading, and Nishad Singh, former co-head of engineering at FTX.

Former Alameda Research CEO Caroline Ellison to Be Released Today

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