Caroline Ellison Released: Former FTX and Alameda CEO Completes 14-Month Sentence

Caroline Ellison, the former CEO of Alameda Research and a key executive at the collapsed FTX exchange, has been released from custody after serving approximately 14 months. Ellison, who pleaded guilty to fraud charges related to the multi-billion dollar downfall of the crypto empire, was a central witness in the trial against FTX founder Sam Bankman-Fried. Her cooperation with prosecutors was a pivotal factor in the case. The release marks a significant development in the ongoing legal saga surrounding one of cryptocurrency's largest bankruptcies. Market observers are now watching for potential impacts on related civil proceedings and the broader regulatory landscape for crypto firms like FTX and trading entities such as Alameda.