Who Is Caroline Ellison, Notorious Former CEO of Alameda Research

December 23,2022 

BY SALONI

Image credit:- Google

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Caroline Ellison, 28, met Sam Bankman-Fried at Jane Street.

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Sam Bankman-Fried was recently released on a $250 million bond and is now travelling to his parents’ house in Silicon Valley.  

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While he awaits trial for fraud, the former CEO of FTX will be placed under house arrest.  

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Allegations against him include moving customer funds from the cryptocurrency exchange into his other business, a crypto hedge fund known as Alameda Research. 

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He wasn’t alone, though. The 28-year-old Caroline Ellison, the former CEO of Alameda, 

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pleaded guilty last week in an effort to lessen the severity of her sentencing in exchange for complete cooperation from SBF’s prosecutors. 

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She acknowledged that she was aware that Alameda was being supported financially by the use of consumer monies from FTX.  

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the anticipated sum is shocking: FTX owes creditors $8 billion and has lent as much as $10 billion to Alameda, per the NYT. 

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