Caroline Ellison is an American former business executive. She is the former CEO of Alameda Research, a quantitative trading firm founded by Sam Bankman-Fried.
Caroline Ellison’s Bio, Wiki and Latest Facts
Celebrated Name | Caroline Ellison |
---|---|
Age | 28 Years Old |
Nick Name | Caroline Ellison |
Birth Name | Caroline Ellison |
Birth Date | 1994-09-20 |
Gender | Female |
Profession | Business Executive |
Birth Nation | USA |
Nationality | American |
Place Of Birth | Bahamas |
Ethnicity | Caucasian-White |
Father | Glenn Ellison |
Mother | Fisher Ellison |
High School | Newton North High School |
University | Stanford University |
Marital Status | Unmarried |
Sexual Orientation | Straight |
Boyfriend | Sam Bankman-Fried (rumored) |
Net Worth | $2 Billion |
Source of Wealth | Business Executive Career |
Salary | In Millions |
Height | 5 ft 5 in |
Weight | 49 KG |
Body Type | Slim |
Eye Color | Dark Brown |
Hair Color | Dark Brown |
Religion | Christian |
Horoscope | Virgo |
Social Media Links | Wikipedia |
Last Update | December 2022 |
Who is Caroline Ellison? What are the latest news on her?
Caroline Ellison has a friendship with Bankman-Fried began when she was a young broker on Jane Street. Her career took off once she joined Alameda Research in 2018; she will take over as co-CEO with Sam Trabucco in October 2021. She admitted to two charges of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit securities fraud, and conspiracy to commit money laundering in December 2022.
According to an anonymous source published by the Wall Street Journal in November 2022, Alameda Research owes cryptocurrency exchange FTX $10 billion. According to the source, FTX loaned the trading firm money from client funds at FTX. Ellison’s position was terminated after FTX and Alameda declared bankruptcy.
ALso Read: FTX’s Sam Bankman-Fried Is Arrested in the Bahamas
Early Childhood and Education of Caroline Ellison
Caroline Ellison was born in November 1994 to Glenn and Sara, both MIT economists. She grew up in the Boston suburbs of Massachusetts. Ellison attended Newton North High School and represented the United States in the 2011 International Linguistics Olympiad. She went on to Stanford University, where she earned a bachelor’s degree in mathematics in 2016. Ellison participated in the annual Putnam Competition while in college.
Caroline Ellison is well-known for what?
- Caroline Ellison is a former corporate executive.
- She was the former CEO of Alameda Research, Sam Bankman-Fried’s trading firm.
Who are Caroline Ellison’s Parents?
Caroline Ellison was born on September 20, 1994, making her 28 years old. She is from the Bahamas, which is in the United States. Her childhood was spent in a Boston suburb. Her nationality is American, and her ethnicity is Caucasian-White. And her father, Glenn Ellison, and mother, Sara Fisher Ellison, raised her.
Her father is a Gregory K. Palm Professor of Economics at MIT who coached her middle school math team, and her mother is a senior lecturer in economics at MIT. She attended Newton North High School and represented the United States in the 2011 International Linguistics Olympiad. Then she was awarded the National Merit Scholarship in 2012. She earned a bachelor’s degree in mathematics from Stanford University in 2016.
How was the career of Caroline Ellison? How FTX Ruined?
- While finishing her schooling, Ellison worked for the quantitative trading business Jane Street. She met Sam Bankman-Fried there.
- She worked as a junior trader at Jane Street for nineteen months before joining Alameda Research in March 2018.
- She will become co-CEO with Sam Trabucco in October 2021.
- After Trabucco stepped down in August 2022, Ellison became the sole CEO of Alameda Research.
Caroline stated that the balance sheet information given only contained portion of Alameda’s assets and that the firm had more than $10 billion in additional assets when CoinDesk expressed questions about Alameda Research’s balance sheet and its ties with FTX on November 6, 2022. - She participated in a video meeting with staff on November 9, 2022, according to anonymous sources reported by the Wall Street Journal and The New York Times. Ellison confirmed that FTX had utilized client funds to assist
- Alameda in meeting its obligations, and that she, Bankman-Fried, and two other FTX employees, Nishad Singh and Gary Wang, were all aware of the situation.
- Following that, she was fired by John J. Ray III when FTX, Alameda Research, and more than 100 affiliated companies filed for Chapter 11 bankruptcy.
Caroline Ellison Legal Procedure
- Caroline Ellison Legal Procedure Ellison recruited Stephanie Avakian of the legal firm WilmerHale as her lead attorney in December 2022.
- On December 18, she pleaded guilty in the Southern District of New York to conspiracy to commit wire fraud on FTX customers, conspiracy to commit wire fraud on Alameda Research lenders, wire fraud on Alameda Research lenders, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, and conspiracy to commit money laundering.
- Similarly, FTX co-founder Gary Wang pleaded guilty to many offenses on the same day Caroline did.
On December 23, Ellison’s transcript plea of guilty was unsealed, in which she admitted to judge Ronnie Abrams that she and others planned to steal billions of dollars from FTX customers while deceiving its investors and lenders. - She told Judge Abrams that Sam Bankman-Fried and other FTX officials had received hidden loans worth billions of dollars from Alameda Research.
Who is Caroline Ellison’s Boyfriend? Relationship Status
Caroline Ellison is presently single and not in a relationship. She is having a great time in her current life. Her sexual orientation is heterosexual.
According to former FTX and Ala media workers, Ellison was previously romantically involved with coworker Sam Bankman-Fried, the CEO of FTX. She mentioned on her Tumblr site that she had looked into polyamory.
Ellison contributed money to the FTX Future Fund, which will be used to fund philanthropic efforts that adhere to the ideals of effective altruism.
How much is the Caroline Ellison’s net Worth?
She previously worked as a corporate executive. Caroline’s net worth is expected to be $2 Billion as of 2022, according to sources. She has not publicized her specific career earnings to the public, but her admirers have no doubt that she earns millions of dollars from her professional job. She pleaded guilty to federal crimes, including wire fraud, in connection with the alleged fraud that led to FTX’s demise. And she leads a simple existence.
What is Caroline Ellison’s height?
She is a lovely lady who is 5 feet 5 inches tall. Also she has a thin build. She also wears glasses that look good on her. Her hair is dark brown, and her eyes are also dark brown. Her body weight is 49 kg.
Trivias About Caroline Ellison You Need To Know.
- Caroline was the former CEO of Alameda Research, Sam Bankman–Fried’s trading firm.
- Although she earned a bachelor’s degree in mathematics from Stanford University in 2016.
- Ans she worked as a junior trader on Jane Street for nineteen months.
- She began working at Alameda Research in March of 2018.
- She will become co-CEO with Sam Trabucco in October 2021.