This article will answer every question you have about Caroline Ellison. Below are some of the frequently asked questions about her.
- What does Caroline do for a living?
- Who are Caroline’s parents and siblings?
- What are Caroline’s interests and hobbies?
- Is Caroline married or does he have a girlfriend/ boyfriend?
- Does Caroline have any children?
- Where is Caroline now?
- How tall is Caroline?
- How much money does Caroline earn?
- What is Caroline’s net worth?
N/B: Please read the entire post to have all your questions answered.
Who is Caroline Ellison?
Caroline Ellison is a well-known American former business executive. Ellison is the former CEO of Alameda Research, a quantitative trading firm founded by Sam Bankmann-Fried. She pleaded guilty to 2 counts of wire fraud, 2 counts of conspiracy to commit wire fraud, conspiracy to commit securities fraud, and conspiracy to commit money laundering in December 2022.
As per an anonymous source cited by the Wall Street Journal, in November 2022, Alameda Research owed $10 billion to cryptocurrency exchange FTX. The source stated FTX had ent the trading firm money from customer funds at FTX. She was terminated from her position following FTX and Alameda filed for bankruptcy.
Caroline Ellison Career
Following graduating she worked for the quantitative trading firm Jane Street where she met Sam Bankman-Fried. Ellison was a junior trader at Jane Street for 19 months. She then joined Alameda Research in March 2018 and became co-CEO together with Sam Trabucco in October 2021. Ellison became the sole CEO of Alameda Research in August 2022, following Trabucco stepping down.
On November 6, 2022, following CoinDesk raising concerns about the balance sheet of Alameda Research and its relationship with FTX, she said that the balance sheet information which had been released only included some of Alameda’s assets. She also said that the firm had more than $10 billion of additional assets. As per anonymous sources cited by the Wall Street Journal and The New York Times, she was in a video meeting with employees on November 9, 2022. She admitted there that FTX had used customer money to assist Alameda to meet its liabilities and that she, Bankman-Fried, and 2 other FTX executives, Nishad Singh and Gary Wang, were aware of the circumstances. She was terminated from her position by John J. Ray III following FTX, Alameda Research, and more than 100 related companies filing for Chapter 11 bankruptcy.
In December 2022, she hired Stephanie Avakian of the law firm WilmerHale as her lead attorney. In a plea bargain, on December 18, she 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 December 23, a transcript of her plea heading was unsealed 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. She then told Judge Abrams that Sam Bankman-Fried and other FTX executives had received billions of dollars in secret loans from Alameda Research.
How old is Caroline Ellison?
Caroline Ellison is currently aged 28 years having been born on November 1994, in the United States. She shares her birth month with celebrities including Emma Stone, Dolph Lundgren, Toni Collette, Tilda Swinton, Adam Levine, Tara Reid, Robert Patrick, Matthew McConaughey, and many more.
Caroline Ellison Family
Who are Caroline Ellison’s parents?
Caroline Ellison was born in the United States to Glenn Ellison and Sara Fisher Ellison. Her father is Gregory K. Palm (1970) Professor of Economics at MIT, and he coached her math team when she was a middle schooler. Her mother is a senior lecturer in economics at MIT. Caroline was brought up in the Boston suburbs.
Does Caroline Ellison have siblings?
Ellison was born to her parents among three children in the family. She has two siblings, sisters Anna Ellison and Kate Ellison.
Caroline Ellison Education
Ellison attended Newton North High School, where she represented the US in the 2011 International Linguistics Olympiad. She then joined Stanford University, after gaining a National Merit Scholarship in 2012. Ellison graduated with a bachelor’s degree in mathematics in 2016.
Caroline Ellison Partner
Ellison was linked to a relationship with co-worker San Bankman-Fries, the CEO of FTX. However, she later confirmed on her Tumblr blog that she has explored polyamory.
Caroline Ellison Children
Ellison does not have any children of her own to date as she is still single and not married.
Caroline Ellison Height
Ellison has a sexy, stunning, and well-curved body with a height of 5 ft 2 in (1.57 m) and a weight of 51 kg (112 lbs).
Caroline Ellison Net Worth
American former business executive Ellison was the CEO of Alameda Research before being terminated. She has gathered an accumulative net worth of approximately $15 million as of 2022.