Carolyn Ellison was released from prison early. She was a top executive at Alameda Research and played a key role in the collapse of the FTX crypto exchange. She served about two years and was released ten months early due to cooperation with investigators. Now she is in a rehabilitation center in New York, preparing to return to normal life. The SEC has barred her from holding executive positions in public companies for ten years.

Interestingly, Carolyn Ellison pleaded guilty and helped the investigation, which is why she received a relatively lenient sentence. In her testimonies, she described schemes involving mixing client assets, hiding losses, and unlimited credit lines. Meanwhile, the exchange's founder is still serving 25 years, has not admitted guilt, and is appealing. Trump has already said he will not pardon him.

In the crypto community, opinions are divided. Some believe Carolyn Ellison got off too easily for such a large-scale harm. Others understand that she at least cooperated. In any case, this concludes the legal story of the Alameda Research and FTX top managers, who predetermined the crypto winter of 2022.