Caroline Ellison, who ran Bankman-Fried's Alameda Research hedge fund, reported to prison for a two-year sentence, but is set to be released three months early.
Federal law allows incarcerated individuals to earn time off for good behavior, which is reflected in Ellison's adjusted release date on July 20, 2026.
Ellison cooperated with the authorities during the Bankman-Fried trial, leading to a more lenient sentence despite the severity of her crimes.
Judge Lewis Kaplan emphasized that a serious case should not warrant an easy way out, highlighting the gravity of Ellison's fraudulent actions.
Collection
[
|
...
]