🚀 Exciting news in the crypto world! Caroline Ellison and Ryan Salame, former FTX execs, have had their prison sentences reduced thanks to good behavior and cooperation with prosecutors. 🎉
Ellison, once CEO of Alameda Research, will now be released in July 2026, shaving over three months off her sentence. Salame's sentence was cut by over a year, with a new release date in March 2031. These reductions are part of the 2018 First Step Act, promoting rehabilitation.
FTX's downfall in 2022 shook the crypto industry, but these updates bring a glimmer of hope for a more transparent future!