FTX executives Ryan Salame and Caroline Ellison set for early prison release

qz.com

Two FTX executives, Ryan Salame and Caroline Ellison, are set for early release from prison after their sentences were reduced. Salame, sentenced to over seven years, will now be released on March 1, 2031, instead of April 2032. Ellison, who received a two-year sentence, is scheduled to be released on July 20, 2026, three months earlier than initially planned. Both executives were involved in the FTX cryptocurrency scandal that led to significant financial losses. Other FTX executives, Gary Wang and Nishad Singh, received no jail time due to their cooperation with authorities. FTX collapsed in November 2022, resulting in billions lost for investors and customers.


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