ftx

Former FTX and Alameda Research executive Caroline Ellison was quietly transferred out of the low-security Danbury Federal Correctional Institution in Connecticut on October 16, placing her much closer to early release than many anticipated when she began serving her sentence last year.
According to official records, her expected release date remains February 20, 2026, which is roughly nine months earlier than the end of her original sentence.

Transition to community confinement: a less restrictive phase
The Federal Bureau of Prisons (BOP) confirmed that Ellison is now completing the remainder of her sentence under community confinement, which typically includes either home detention or placement in a residential reentry center.
BOP spokesperson Randilee Giamusso stated:
“Community confinement may involve home confinement or a residential reentry center. For safety, privacy, and security reasons, we do not provide details about an individual’s transfer, confinement conditions, or specific location.”

Two-year sentence for her role in a multibillion-dollar scheme
Ellison reported to the Danbury facility in early November 2024 to begin serving a two-year prison term tied to one of the largest financial frauds in crypto history.

She had pleaded guilty to participating with Sam Bankman-Fried in an $11 billion scheme, involving the secret diversion of customer funds from the FTX exchange to Alameda Research.
During SBF’s 2023 criminal trial, she became a key witness for prosecutors, testifying that Alameda used billions in misappropriated FTX customer deposits for trading, loans, and other purposes without disclosure.
Her legal team urged the court to avoid any incarceration, but Judge Lewis Kaplan rejected the request and stressed he would not grant a “get-out-of-jail-free card.”
Before sentencing, Caroline addressed the court tearfully and apologized, saying:

“On some level, my brain doesn’t fully grasp the number of people I harmed. That doesn’t mean I don’t try to understand.”

SBF faces a much longer road
While Caroline moves toward release, Sam Bankman-Fried continues serving a 25-year federal sentence after being convicted on all seven counts of fraud and conspiracy.

He is currently held at a low-security federal prison in San Pedro, California.
SBF is appealing both his conviction and his sentence, with his lawyers arguing he deserves a new trial because prosecutors allegedly misrepresented aspects of his expected testimony.

#FTX , #SBF , #CarolineEllison , #CryptoFraud , #CryptoScandal

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

A significant update in the FTX case: Caroline Ellison, the former Alameda Research CEO and star witness against Sam Bankman-Fried, has been transferred to community confinement after serving roughly 11 months in prison.
What this means:
➡️She has been moved from federal prison to either home confinement or a halfway house.
➡️Her expected release date is now Feb. 20, 2026—nearly 9 months earlier than originally scheduled.
➡️This step is standard for non-violent offenders nearing the end of their sentence and indicates good behavior.
Ellison, who received a reduced 2-year sentence for her crucial cooperation with prosecutors, continues to be under federal supervision. Her lawyer has declined to comment.
This move highlights the tangible benefits of cooperation in major fraud cases and marks another step in the ongoing aftermath of the FTX collapse.
Source: PANews / U.S. Federal Bureau of Prisons
#FTX #CarolineEllison #SambankmanFried #prison #AlamedaResearch $BNB

¡Hola a todos! 👋 Hemos ganado dinero juntos, pero ¿dónde está ese dinero?
Desde el colapso de grandes exchanges como FTX, una pregunta crucial sigue siendo ignorada por el 99% de los usuarios: ¿Es mi dinero realmente mío si lo tengo en un Exchange Centralizado (CEX) como Binance?
Este post es crucial para tu tranquilidad y seguridad.
1. Lo Que Dicen los Expertos: "Not Your Keys, Not Your Coins"
Esta es la regla de oro: "Si no tienes las claves privadas, no son tus monedas."
Si tus fondos están en la Billetera Spot de Binance: Binance tiene la custodia (la llave) de tus fondos. Tú confías en que Binance mantendrá esas claves seguras y tus fondos separados.El Riesgo: Si el Exchange enfrenta un problema legal, técnico, o un hackeo masivo, tu acceso a tus fondos podría verse comprometido o bloqueado temporalmente (o peor).
2. ¿Por Qué NO Sacar TODO de Binance?
Binance es el lugar más seguro y líquido para hacer trading, y ofrece la mejor seguridad en el día a día.
La Ventaja de Binance: Comisiones bajas, velocidad de trading, y fácil acceso. Es ideal para el dinero que necesitas mover.La Desventaja de una Wallet Privada: Si pierdes la Frase Secreta (como hablamos antes), NADIE puede ayudarte a recuperar tus fondos.
3. La Solución Inteligente (Estrategia de Doble Custodia)
Los inversores expertos no tienen todos sus huevos en una sola canasta.
💰 Dinero para el Trading (Custodia de Binance): Mantén solo el capital que usas activamente para comprar, vender y participar en el Launchpad dentro de tu Billetera Spot de Binance.🛡️ Dinero para el Ahorro (Custodia Propia): Todo el capital que deseas mantener a largo plazo (HODL) o que no necesitas en el próximo mes, sácalo y guárdalo en tu propia billetera privada (como una Web3 Wallet o Trust Wallet).
En resumen: Usa Binance para el trading, y tu billetera personal para el ahorro a largo plazo.
#SeguridadCripto #Binance #FTX #Inversiones #BinanceSquare

The US government has stirred the crypto waters after blockchain trackers detected a massive $20 million transaction. These funds, seized from the now-defunct FTX exchange and its sister firm Alameda Research, highlight that the legal aftermath of one of the largest crypto scandals in history is far from over.

What Exactly Happened?
According to data from the Onchain Lens tool, a wallet associated with US authorities transferred the seized assets to a new address. The transaction involved a mix of cryptocurrencies:
🔹 $6.43 million in Wrapped Ethereum (WETH)

🔹 $13.58 million in Binance USD (BUSD)
This move confirms that US officials are actively managing digital assets obtained through FTX bankruptcy proceedings.

Why This Transfer Matters
While it may appear to be a routine blockchain movement, this transaction carries deeper implications:
🔹 Asset liquidation in progress – The government is evidently preparing to convert seized digital holdings into cash.

🔹 Transparency in action – Blockchain ensures that the public can follow every step of the process.

🔹 Victim restitution – For thousands of harmed investors, this is a tangible sign of progress toward compensation.

Managing Seized Crypto Isn’t Simple
Unlike cash, cryptocurrencies are volatile and require secure handling. Authorities typically use dedicated wallets and partner with professional digital asset custodians.
This latest transfer may signal:
🔹 Conversion to fiat (e.g., USD)

🔹 A shift in custodial strategy

🔹 Preparations for an official asset sale

What’s Next? The Road Ahead for FTX and Alameda Recovery
Under the leadership of John Ray III, FTX’s bankruptcy estate continues to aggressively recover assets. Meanwhile, the US Department of Justice and other agencies are pursuing civil and criminal investigations.
What we might see next:
🔹 More transfers to exchange addresses

🔹 Official updates on the asset distribution plan

🔹 Potential public auctions or market sales to minimize disruption

A Symbol of Justice — and a Warning
The $20 million transfer is more than just a financial transaction. It represents the growing capability of government agencies to track, seize, and manage digital assets. More importantly, it's a beacon of hope for thousands of creditors still waiting for justice.
Thanks to blockchain’s transparency, the world can watch in real time as this unprecedented regulatory case unfolds.

#FTX , #DOJ , #USGovernment , #CryptoRegulation , #CryptoNews

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“