Home
News
Details

Caroline Ellison Transferred to Community Confinement After 11 Months in FTX Fraud Case

iconCointribune
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Caroline Ellison, former CEO of Alameda Research, began community confinement on October 16 after 11 months in federal prison for her role in the FTX fraud. She is now under home detention or in a halfway house, with a projected release in February 2026. Prosecutors cited her cooperation in the case against Sam Bankman-Fried, who remains incarcerated. FTX bankruptcy distributions have surpassed $16 billion. The case has drawn attention to Countering the Financing of Terrorism and EU Markets in Crypto-Assets Regulation as global regulators tighten oversight.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.