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- Caroline Ellison was the CEO of Alameda Research, a trading firm launched by Sam Bankman-Fried.
- She oversaw many of the risky bets Alameda took with FTX customers’ crypto tokens.
- Here is her background story.
Over the past few weeks, a mushroom of secrets about the inner workings of Sam Bankman-Fried’s crypto exchange, FTX, have come to light.
From that, the once shadowy figure of Caroline Ellison has emerged as an important character behind FTX’s seeming success and surprising downfall.
Ellison was the head of Alameda Research — the trading firm through which Bankman-Fried moved crypto tokens in tandem with running FTX. Amidst the revelation that FTX borrowed money from customer accounts to fund bets via Alameda, Ellison has become a subject of online speculation.
Ellison’s virtual presence, however, is dwindling by the day. Her LinkedIn, online photos, and contact information have largely disappeared over the past couple of weeks. That’s left journalists, investors, and voyeurs of all types scrambling to find information about her.
The curiosity has only heightened since CoinDesk reported via anonymous sources that she was in an on-and-off relationship with SBF.
Right now, the most reliable information about Ellison has been sourced from her Tumblr account, and the handful of media interviews she’s given over the years. The bones of her virtual self suggest that Ellison is extraordinarily bright and highly educated as well as a math whiz and a big reader. She speculates often about gender roles and shifts in culture and society on Tumblr.
Here’s what we know about Caroline Ellison.
December 22, 2022: This story has been updated to reflect the details of Ellison’s plea deal.
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