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Caroline Ellison Released Early, Faces Business Restrictions

1/22/2026

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Story summary
  • Caroline Ellison was released from federal prison on January 22, 2026, after serving 14 months.
  • Ellison pleaded guilty to fraud related to a scheme with FTX founder Sam Bankman-Fried, who received 25-year sentence.
  • Her early release was for good behavior.
  • She will stay in a New York residential reentry facility.
  • Authorities will restrict her business activities for the next decade, barring officer or director roles in companies or cryptocurrency exchanges.