Home / Crime and Justice / Crypto Fraudster Caroline Ellison Moves to Community Confinement
Crypto Fraudster Caroline Ellison Moves to Community Confinement
17 Dec, 2025
Summary
- Former Alameda CEO Caroline Ellison moved to community confinement.
- Ellison served nearly 11 months of her two-year sentence.
- She was a key witness in Sam Bankman-Fried's fraud trial.
Caroline Ellison, the former CEO of Alameda Research, has been transferred from federal prison to community confinement after serving approximately 11 months of her two-year sentence. The move means she is now under home confinement or in a halfway house, remaining in federal custody.
Ellison, who was a key figure in the multibillion-dollar fraud scheme orchestrated by Sam Bankman-Fried, pleaded guilty and testified as the star witness in Bankman-Fried's trial. She detailed how Alameda Research was used to invest billions in assets secretly taken from FTX customers.
Her early release comes as Bankman-Fried, founder of FTX and Alameda Research, serves his 25-year sentence while appealing his conviction. Ellison's projected release date is February 20, 2026, nearly nine months earlier than initially scheduled.
