Who Is Caroline Ellison And How Is She Concerned In FTX?

As Enterprise Insider experiences, Ellison has achieved a wise factor in response to a catastrophe of this nature – scrubbed her public persona off the Web and gone silent. What we learn about her comes largely from her pre-FTX life and what little of her on-line presence remains to be accessible.

A graduate of Stanford, Ellison started her profession as a dealer at Jane Road, the identical quantitative buying and selling firm the place Sam Bankman-Fried began out. Ellison was there simply 19 months earlier than Bankman-Fried recruited her for Alameda Analysis (by way of eFinancialCareers). Whereas her preliminary function wasn’t clear, per Ellison and others, SBF tended to be “cagey” about particulars in his companies, a behavior that has since turned out poorly. She was co-CEO as of October 2021 and sole CEO after Sam Trabucco stepped down in August of this yr (by way of CoinDesk).

From that time on, issues grew eventful and sophisticated for each FTX and Alameda Analysis. Each relocated to the Bahamas, a rustic identified for its crypto-friendly legal guidelines. Executives at each companies had an unconventional working and private association — as much as 9 high-level FTX and Alameda staff cohabited and labored from a resort on the tiny island of New Windfall. Stimulants had been apparently well-liked. SBF famously described his work routine on Twitter as “stimulants whenever you get up, sleeping capsules for those who want them whenever you sleep.” As for Ellison:


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