Caroline Ellison, former CEO of Alameda Research, is scheduled to report to prison on November 7 to serve a two-year sentence for her involvement in criminal activities tied to the now-defunct cryptocurrency exchange FTX. Following her guilty plea in 2022, Ellison has been free on bail and was a significant witness at Sam Bankman-Fried’s trial, which culminated in his conviction on all counts. She is to surrender to a minimum-security facility near Boston, likely the Federal Correctional Institution in Danbury, Connecticut. Ellison was charged with multiple counts related to fraud and money laundering involving misappropriated user funds. The case has garnered extensive media attention, and Ellison has faced intense public scrutiny and harassment during and after the trial process. Following her, the indictment also encompasses other FTX and Alameda executives, with sentencing outcomes still pending for some of them.

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