Caroline Ellison Moved to New York Reentry Center Ahead of Release

This is the first change in her custody status since she began serving a two-year sentence for her role in the FTX collapse. The move comes in the middle of the broader legal fallout from FTX, including a $10 million proposed settlement in a class-action lawsuit against Silvergate Bank that is seeking claims from FTX- and Alameda-linked clients. While several criminal cases tied to the exchange concluded, civil litigation and related proceedings stemming from the FTX debacle are still ongoing. Caroline Ellison Shifted to NYC Reentry Center Caroline Ellison, the former CEO of Alameda Research, has been transferred out of the Federal Correctional Institution (FCI) in Danbury, Connecticut, where she was serving part of her two-year prison sentence related to the collapse of cryptocurrency exchange FTX. According to Federal Bureau of Prisons records that were updated Wednesday, Ellison is now housed under a Residential Reentry Management field office in New...

https://coinpaper.com/13185/caroline-ellison-moved-to-new-york-reentry-center-ahead-of-release