Caroline Ellison is already free. She was released about ten months early thanks to cooperation with authorities. She served time in federal prison, then was transferred to a re-education center in New York City in October of last year.

But here’s an interesting point — the SEC banned her from managing companies for a full ten years. Caroline Ellison pleaded guilty, revealing how Alameda Research and FTX mixed client assets and hid losses. She received a two-year sentence and served approximately 60% of it.

Meanwhile, Sam Bankman-Fried is serving 25 years and has not admitted guilt. Trump has already said he will not pardon him. So, did Caroline Ellison make the right choice by agreeing to a deal? The crypto community is divided — some think the sentence is lenient, others believe it’s fair.