According to Deep Tide TechFlow news on December 27, as reported by The Washington Post, the prison sentences of two former executives of the cryptocurrency exchange FTX appear to have been shortened. According to information from the Federal Bureau of Prisons, Ryan Salame began serving his sentence in October for 7 and a half years and is now expected to be released in March 2031. Caroline Ellison's current expected release date is July 2026, which is a few months less than her original two-year sentence.
Salame is the former co-CEO of FTX's Bahamas subsidiary, who admitted to operating an unlicensed money transfer business, violating campaign finance laws. Ellison is the former CEO of Alameda, who pleaded guilty in December 2022 to charges of wire fraud, securities fraud, and money laundering.