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

As Business Insider stories, Ellison has completed a wise factor in response to a catastrophe of this nature – scrubbed her public persona off the Internet and gone silent. What we find out about her comes largely from her pre-FTX life and what little of her on-line presence continues to be accessible.

A graduate of Stanford, Ellison started her career as a dealer at Jane Street, the identical quantitative buying and selling company the place Sam Bankman-Fried began out. Ellison was there simply 19 months earlier than Bankman-Fried recruited her for Alameda Research (by way of eFinancialCareers). While her preliminary position 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 year (by way of CoinDesk).

From that time on, issues grew eventful and complex for each FTX and Alameda Research. Both relocated to the Bahamas, a rustic identified for its crypto-friendly legal guidelines. Executives at each companies had an unconventional working and personal association — as much as 9 high-level FTX and Alameda workers cohabited and labored from a resort on the tiny island of New Providence. Stimulants have been apparently fashionable. SBF famously described his work routine on Twitter as “stimulants when you wake up, sleeping pills if you need them when you sleep.” As for Ellison:

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