Convicted FTX fraudster Sam Bankman-Fried’s former on-again, off-again girlfriend will serve less prison time than her original sentence, according to a report.
Caroline Ellison, who ran Bankman-Fried’s Alameda Research cryptocurrency hedge fund, reported to Danbury Federal Correctional Institute in Connecticut on Nov. 7 to begin serving a two-year sentence after she pleaded guilty to wire fraud, securities fraud and money laundering linked to the collapse of FTX.
But Federal Bureau of Prisons records indicate that her release date is scheduled for July 20, 2026 — or three months short of two years, according to Business Insider.