Caroline Ellison Biography, Net Worth, Wikipedia, Age, Religion, Boyfriend, Family, Father, Mother. Caroline Ellison is an American business leader who was born in November 1994. She used to be the CEO of Alameda Research, which was started by Sam Bankman-Fried and did quantitative trading.
Caroline Ellison Biography
Caroline Ellison (born November 1994) is an American fraudster and former business executive. She is the former CEO of Alameda Research, a quantitative trading firm founded by Sam Bankman-Fried. In December 2022, Ellison pleaded guilty to two counts of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering.
Caroline Ellison Parents
She is the daughter of Glenn Ellison (Father) and Sara Fisher Ellison (Mother).
Caroline Ellison Religion, Ethnicity
Caroline's ethnic background is Caucasian. She belongs to the American nationality. She believes in Christianity religion
Caroline Ellison Career
After graduating Ellison worked for the quantitative trading firm Jane Street where she met Sam Bankman-Fried. She was a junior trader at Jane Street for 19 months.
Ellison joined Alameda Research in March 2018; she became co-CEO along with Sam Trabucco in October 2021. She became the sole CEO of Alameda Research in August 2022 after Trabucco stepped down.
On 6 November 2022, after CoinDesk raised concerns about the balance sheet of Alameda Research and its relationship with FTX, Ellison said that the balance sheet information which had been released only included some of Alameda's assets, and that the firm had more than $10 billion of additional assets. According to anonymous sources cited by the Wall Street Journal and The New York Times, Ellison was in a video meeting with employees on 9 November 2022; she admitted there that FTX had used customer money to help Alameda meet its liabilities and that she, Bankman-Fried, and two other FTX executives, Nishad Singh and Gary Wang, were aware of the circumstances.
Ellison was terminated from her position by John J. Ray III after FTX, Alameda Research, and more than 100 related companies filed for Chapter 11 bankruptcy.
In December 2022, Ellison hired Stephanie Avakian of law firm WilmerHale as her lead attorney. On December 18, in a plea bargain, Ellison pleaded guilty in the Southern District of New York to conspiracy to commit wire fraud on customers of FTX, conspiracy to commit wire fraud on lenders of Alameda Research, wire fraud on lenders of Alameda Research, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, and conspiracy to commit money laundering. On that day, FTX co-founder Gary Wang also pleaded guilty to several charges. A transcript of her plea hearing was unsealed on December 23, in which she admitted to judge Ronnie Abrams that she and others conspired to steal billions of dollars from customers of FTX, while misleading its investors and lenders. Ellison told Judge Abrams that Sam Bankman-Fried and other FTX executives had received billions of dollars in secret loans from Alameda Research.
Caroline Ellison Husband
Currently, Caroline Ellison is not married. According to former employees of FTX and Alameda, Ellison was romantically involved with co-worker Sam Bankman-Fried, the CEO of FTX. She wrote on her Tumblr blog that she has explored polyamory.
Ellison donated money to the FTX Future Fund to fund philanthropic endeavors following the principles of effective altruism.
Caroline Ellison Net Worth
Caroline Ellison has an estimated Net Worth of $15 million US Dollars