The FTX incident has new developments. Caroline Ellison was officially released today, walking out of prison after serving 440 days—equivalent to 60% of her 2-year sentence.



Looking back, Ellison pleaded guilty in 2022 to fraud and conspiracy charges, becoming one of the executives convicted after the FTX collapse. The case shocked the entire cryptocurrency industry and also cost countless investors.

After her release, she faces longer-term restrictions—over the next 10 years, she is prohibited from holding leadership positions in any publicly listed company or cryptocurrency exchange. This means she is almost impossible to return to decision-making roles in the industry. From a certain perspective, this ban may have a more profound impact than the prison sentence itself.
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Frontrunnervip
· 01-22 05:51
Will it be out in 440 days? The leniency in this sentence is too much, I really envy those with connections. A 10-year ban is truly harsh, it’s like being completely expelled from the industry. The cost this time is not small; those people back then really had guts. Ellison admitting guilt and getting preferential treatment? What kind of logic is that? It's always the same story in the crypto world; stop falling into the traps, everyone. The key is what about those retail investors? Their money will never come back. Is this what you call the law? Respect the law, but also understand who is paying the price. So, what’s the current situation with SBF? Can't we just let it all go to hell together?
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TokenomicsDetectivevip
· 01-22 05:50
Will it be out in 440 days? And still banned from industry for 10 years, is this deal worth it... Honestly, compared to going to jail, a 10-year ban is the real killer. Another high-ranking executive in the crypto circle faces the consequences; who should reflect on this? Ellison is considered quite lucky, at least someone still remembers her. Once the ban is imposed, it's like saying goodbye to this circle forever, more cruel than imprisonment. Will there be a new story after her release? Stay tuned, everyone. What can she do after coming out? Honestly, I’m very curious. A 10-year ban directly blocks her, the waters in the crypto world are indeed very deep. I really want to know her current thoughts, does she regret it?
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MEVHunterXvip
· 01-22 05:32
Will it be out in 440 days? Damn, that requires a lot of connections. We're retail investors still suffering heavy losses. Really, being banned for 10 years and not doing CEO is more painful than sitting in prison, directly cutting off the way to turn things around. Another story of "pleading guilty and getting a light sentence," this is the reality, right? May I ask how SBF is doing now? Is there truly fair treatment? Forget it, anyway, this circle is like this. I should have seen it clearly long ago. Wow, can the sentence be reduced midway? Which lawyer is so awesome? Honestly, a bit speechless. Investors lose everything, and they come out to continue living gracefully.
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GasFeeGazervip
· 01-22 05:25
Will it be out in 440 days? How much background does that require... What about SBF? Why is there no news yet? A 10-year ban is pretty harsh, but compared to those retail investors who lost everything, what does it matter? If I had known to enter the circle, I wouldn't have touched FTX. Unfortunately, it's too late to regret. Can we still enter the conviction paradise? That's really absurd. This case has cast a shadow over the entire Web3... To put it simply, having money and lawyers can get you a reduced sentence. A 10-year ban = a de facto whitewashing, and you'll be seen as a newcomer again. What about the Alameda funds? How much has been recovered? I haven't heard anything. This is truly a "systemic risk," everyone.
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