Following the arrest of the former FTX boss Sam Bankman-Fried (SBF), spectators continue to wonder where ex-Alameda Research CEO Caroline Ellison is, and whether or not she turned on SBF. A few reports suggest Ellison is “likely working with feds” and it’s possibly the reason why Ellison was reportedly spotted at the Ground Support cafe in Soho.
Did Caroline Rat on SBF? No One’s Heard a Peep From the Mysterious Ex-Alameda Executive Since FTX Collapsed
A great deal of crypto supporters and the media have been wondering where Caroline Ellison, the former Alameda Research CEO, is currently located. After FTX filed for Chapter 11 bankruptcy protection, Sam Bankman-Fried (SBF), galavanted on a media tour with the likes of the New York Times’ Dealbook event and his appearance on Good Morning America. Then over a month after FTX collapsed, SBF was arrested in The Bahamas and indicted by a federal grand jury in Manhattan, charged with fraud by the U.S. Securities and Exchange Commission (SEC), and sued by the U.S. Commodity Futures Trading Commission (CFTC).
Meanwhile, there hasn’t been a peep from Ellison. On Wednesday the public was made aware that FTX co-CEO Ryan Salame allegedly turned on SBF on Nov. 9, two days before the FTX bankruptcy filing. Reportedly, Salame told Bahamian authorities that SBF sent customer funds to the firm Alameda Research. The only thing that the public knows about Ellison is that she allegedly is now represented by the Former SEC Enforcement Division Chief Stephanie Avakian, and the legal team from Wilmerhale. Since SBF’s arrest, a few reports suggest Ellison has snitched on SBF as well.
For instance, the New York Post authors Ben Feuerherd and Bruce Golding published an article on Dec. 14 that says: “Caroline Ellison likely working with feds against Sam Bankman-Fried.” The New York Post details that experts say the “hellhole Bahamas prison” may make SBF drop his extradition fight. The report details the jail SBF resides in is filthy and “maggot-infested” and allegedly SBF’s family has been trying to get him vegan foods. In regard to Ellison, the Post spoke with former SEC attorney Howard Fischer, who said Ellison had a strong incentive to work with law enforcement.
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