Ellison is scheduled to begin her prison sentence in November, and she is expected to serve her time in a minimum-security facility.
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Sam Bankman-Fried was convicted of multiple fraud charges related to the collapse of FTX and is serving a 25-year prison sentence. He is currently appealing the conviction and sentence.
Besides Ellison, Nishad Singh and Gary Wang, two other former FTX executives who cooperated with prosecutors, are awaiting sentencing in October and November, respectively.
Ellison was sentenced for her role in a massive financial fraud, which involved the misappropriation of $8 billion in customer funds from FTX, the cryptocurrency exchange founded by Sam Bankman-Fried.