Caroline Ellison, former co-CEO of Alameda Research, has been released from prison after serving approximately 60% of her two-year sentence. Ellison, who played a pivotal role in the collapse of the FTX cryptocurrency exchange, was released early due to her cooperation with prosecutors and compliance with prison requirements. She is now residing in a halfway house in New York to aid her transition back into society. The US Securities and Exchange Commission (SEC) has barred Ellison from holding any executive positions for ten years, citing her involvement in misleading investors and contributing to FTX's collapse. Despite her early release, reactions within the crypto community have been mixed, with some questioning the leniency of her sentence compared to the 25-year term of FTX founder Sam Bankman-Fried, who was convicted on multiple felony charges.
Caroline Ellison Released Early After Serving 60% of Sentence
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