The former head of Alameda Research will serve her sentence in a minimum-security prison.
On Sept. 24, former Alameda Research CEO Caroline Ellison was sentenced to two years in a minimum-security prison for her role in FTX’s collapse.
The sentence was handed down by Judge Lewis Kaplan in the District Court of Southern New York, who determined that Ellison must also forfeit the roughly $11 billion she earned from FTX.
Kaplan said Ellison’s surrender date will be set on or after Nov. 7, 2024.
