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YOU WONT BELIEVE: Ftx executives shave time off prison sentences - What They Never Told You

FTX Prison Sam Bankman-Fried Caroline Ellison Crypto Ryan Salame Alameda Research
FTX founder Sam Bankman-Fried at U.S. Court in New York

Ryan Salame and Caroline Ellison, former FTX executives convicted in connection with a high-profile crypto fraud case, have seen reductions in their prison sentences. Salame, a top executive at the now-defunct cryptocurrency trading platform FTX, pleaded guilty to criminal fraud charges in September 2023 and was initially sentenced to 7 1/2 years in federal prison in May. However, his release date has been moved up to March 1, 2031, more than a year earlier than originally scheduled.

Ellison, the former CEO of FTX's hedge fund arm Alameda Research and ex-girlfriend of Sam Bankman-Fried, received a 2-year prison sentence after pleading guilty to seven federal counts of fraud and conspiracy. She is now set to be released on July 20, 2025, three months earlier than her initial release date.

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