Caroline Ellison, the former CEO of Alameda Research, has officially transitioned from prison to a probationary status, as reported by Business Insider. This shift comes in light of her involvement in the high-profile FTX case alongside ex-CEO Sam Bankman-Fried.
Ellison was sentenced to two years in prison in connection with the FTX scandal, with her probation status indicating a potential early release by the end of February 2026. The U.S. Federal Bureau of Prisons (BOP) shows that she is currently being held at the New York Reintegration Office, commonly referred to as New York RRM.
A spokesperson from the BOP confirmed that Ellison”s confinement conditions have been adjusted. She may now be placed under house arrest or at a reintegration center, which is a standard procedure for inmates awaiting parole on less severe charges. However, the BOP has not disclosed her specific location due to confidentiality and safety protocols.
According to her prison records, Ellison could be eligible for early release as early as February 20, 2026. Previously, she served time at the low-security Danbury Federal Prison, where she was incarcerated starting in early November 2024. In her court proceedings, Ellison committed to liquidating her assets to settle outstanding debts related to the FTX exchange, reportedly leaving her with minimal financial resources.
As of now, neither Ellison nor her legal representatives have issued any public statements regarding her current situation. The developments surrounding her case continue to attract significant attention within the cryptocurrency community and beyond.
