Surely you have recently read about the FTX bankruptcy declaration and all the hurricanes it has caused in the world of cryptocurrencies, and although the investigations continue to clarify what happened, the name of Caroline Ellison has begun to appear as someone key behind this fall of the cryptocurrency company.
So far, the investigations into this case have not yet ended, but everything seems to indicate that Sam Bankman-Fried, former CEO of FTX, used his clients’ funds to cover up fraud at Alameda Research, another of his companies. This scam is where the name of Caroline Ellison, considered a key figure after the collapse of FTX, arises.
Also read: Step by step: This was the big collapse of FTX
But who is Caroline Ellison?
Caroline Ellison is the CEO of Alameda Research, a trading company created by Sam Bankman-Fried and working alongside FTX. According to the investigation that is being carried out, it was Ellison who financed Alameda, using funds from FTX client accounts, in addition to which it has been revealed that Caroline Ellison and Bankman-Fried have a close relationship.
There is not much information about Ellison, but everything points to be responsible for the fall of FTX. What little is known is that she began practicing the philosophy of effective altruism when she was a student at Stanford University. She later began working at Jane Street and it was there that she met Bankman-Fried, who practices the same philosophy.
It is also known that Caroline Ellison was one of the ten members of FTX who lived in the Bahamas, and although Ellison‘s presence on the internet has gradually disappeared, her last post was to defend Alameda’s record, and she also published on her account on Tumblr a text about polygamy as an “imperial Chinese harem”. Until now, her whereabouts are unknown, nor her true involvement in the bankruptcy of FTX .