Caroline Ellison is scheduled for early release from federal custody on January 21, 2026, following her cooperation in the FTX case. Ellison, who served 11 months in a Connecticut prison before transitioning to community confinement in October 2025, admitted that Alameda Research used FTX customer funds for high-risk trades. Her testimony was pivotal in the conviction of Sam Bankman-Fried, underscoring significant concerns about liquidity and regulatory issues in the cryptocurrency markets.