What’s Next For FTX Culprit Caroline Ellison After Her Prison Release

Caroline Ellison was released from prison on Wednesday after serving roughly 60% of her two-year sentence. The former co-CEO of Alameda Research played a key role in the events that led to the collapse of the FTX cryptocurrency exchange.

In anticipation of Ellison’s release, the US Securities and Exchange Commission (SEC) banned her from holding any executive positions for 10 years. 

According to the US Federal Bureau of Prisons, the 31-year-old is now housed at a halfway facility in New York. She will remain there as part of her transition back into civilian life. Such centers help former inmates reenter society by providing support with employment and daily reintegration.

Ellison was transferred to the facility in October 2025. She was previously held at a federal prison in Connecticut, where she began serving her two-year sentence in November 2024.

Her release came around ten months earlier than originally expected. It followed sentence reductions tied to Ellison’s cooperation with prosecutors and compliance with prison requirements.