
Former Alameda Research chief executive Caroline Ellison is set to be released from federal custody weeks earlier than originally scheduled.
US federal authorities updated Ellison’s release date to Jan. 21, according to records from the Federal Bureau of Prisons.
Ellison was sentenced to two years in prison for her role in the misuse of customer funds tied to the collapse of cryptocurrency exchange FTX.
The former executive had initially been expected to remain in custody until Feb. 20.
Ellison was transferred out of prison in October and moved to a Residential Reentry Management field office in New York City.
Authorities did not publicly disclose the reason for the shortened timeline.
Federal inmates are often eligible for good-conduct credits and reentry programmes that can reduce time in custody.
Ellison rose to prominence after joining Alameda Research as co-chief executive before becoming sole CEO.
She worked closely with Sam “SBF” Bankman-Fried across multiple crypto ventures.
Ellison and Bankman-Fried were also romantically involved for a period prior to the collapse of FTX.