FTX case new development: Former Alameda CEO released, several executives reach settlement

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【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.

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YieldWhisperervip
· 4h ago
Huh? Is it out already? SBF and his crew are really just lying flat. --- The Alameda folks are escaping one after another, this legal system really... --- Community detention turned into release? The speed is a bit fast, my friend. --- Wait, they transferred to the community in October? This progress is definitely accelerated. --- Caroline's move this time perfectly avoided trouble, I really admire her. --- Both settlement and release, it feels like this case is fading out just like that. --- No way, really? It’s out so soon? --- Been watching the drama all along, but these people are still the best at operating.
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ForkThisDAOvip
· 4h ago
Bro, what's the progress? People have already been under house arrest in the community... Wait, October 2025? This timeline is a bit messy. Is Caroline out? How come everyone at FTX is able to turn things around one after another? Is it really like that? Settlement, settlement, it still comes down to money, as expected. But on the other hand, can we recover some users' coins this time? That's the real focus. This case has been dragging on for too long, almost forgot the initial explosion scene... People have been released, what about the victims? Just hearing about it makes me feel like this FTX thing isn't over. No wonder American justice is fast... a bit of sarcasm. If only I knew today what I knew back then, Caroline?
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FancyResearchLabvip
· 4h ago
Another one is out. In theory, did we learn anything this time?
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TokenomicsDetectivevip
· 4h ago
Is Elliott out of prison? That was a really quick move, it feels like time is flying by.
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