Recently, the cryptocurrency exchange platform FTX filed for bankruptcy, sending shockwaves through the crypto trading and enthusiast communities. The company’s Chapter 11 bankruptcy filing includes the names of 130 FTX group affiliates. Caroline Ellison, the CEO of the crypto company Alameda Research, is a specific affiliate who has aroused a great deal of public interest.
There are even speculations going the rounds that Ellison was previously in a relationship with FTX co-founder and former CEO Sam Bankman-Fried. Here is everything we know about the rumored ex-girlfriend of Bankman-Fried.
Who is Caroline Ellison?
Caroline Ellison, age 28, is the CEO of Alameda Research, another crypto company started by Sam Bankman-Fried that, like FTX, has filed for bankruptcy. She is the daughter of economist and Massachusetts Institute of Technology professor Glenn Ellison.
Ellison, who was born in Boston, graduated from Stanford University. Ellison stated in an interview regarding her childhood, “I was rather obsessed with Harry Potter as a child. When the first book came out when I was three, my parents read it to me, and when the second book came out when I was five, I refused to wait for my parents to read it, so I read it myself.
Ellison began her career in 2016 with the New York-based trading firm Jane Street. From 2014 until 2017, Sam also worked as a trader at Jane Street. Ellison moved to Alameda Research in 2018 and became the company’s CEO in 2021.
Reports Say Sam and Caroline Dated Occasionally
According to insiders, Ellison and Sam dated on occasion while working together on the two crypto companies. Some even attribute Ellison’s ascent to power within the corporation to her friendship with FTX’s chief executive officer. Alameda, Ellison’s company, allegedly misappropriated FTX’s customer monies without informing customers, workers, or auditors.
According to sources, the company took billions of dollars from FTX customer funds, but they miscalculated the amount of money a user would have needed to cash out. The significant assets of Alameda were never recorded on the balance sheet, in violation of FTX’s terms of service and United States security laws.