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FTX case new development: Former Alameda CEO released, several executives reach settlement
【Blockchain Rhythm】Latest news from the Federal Bureau of Prisons shows that Alameda Research’s former Co-CEO Caroline Ellison was released from federal prison on January 21. Notably, Caroline Ellison had already transferred to community confinement from Connecticut prison as early as October 2025.
This development is a key step in the entire FTX bankruptcy case. According to a lawsuit notice issued by the US SEC on December 20, FTX founder and former CEO Sam Bankman-Fried remains incarcerated in federal prison for fraud. Meanwhile, several executives, including Caroline Ellison, have agreed to settlement agreements—these include former CTO of FTX Trading Zixiao Wang and former co-chief engineer of FTX Nishad Singh. Although these settlement agreements have been reached, they still require final court approval. The progress of the case reflects the ongoing enforcement attitude of US regulators toward violations in the crypto industry.