Caroline Ellison Usa state Massachusets information Caroline Ellison Usa state Massachusets

Who were the key figures at Sam Bankman-Fried's FTX?

Reading now: 896
www.channelnewsasia.com

FTX founder and former Chief Executive Sam Bankman-Fried, who faces US fraud charges over the collapse of FTX, ran his crypto empire with a number of associates.Two of those are cooperating with federal prosecutors.Here's a who's who of one-time top officials at Bankman-Fried's crypto empire:Caroline Ellison, former CEO of Alameda Research, pleaded guilty to defrauding investors in FTX and is cooperating with investigators, according to a prosecutors' statement on Wednesday.Ellison, 28, grew up in Massachusetts, where both of her parents are economics professors at the Massachusetts Institute of Technology.She began her career at quantitative trading firm Jane Street after graduating from Stanford University with a degree in mathematics in 2016, she said on a now-offline FTX podcast from July 2020.About a year and a half into that role, Ellison met Bankman-Fried for coffee while visiting the Bay Area, where he first told her about Alameda Research, according to the podcast.She joined the firm as a trader in 2018 and became co-CEO with Sam Trabucco in October 2021, later becoming the company's sole CEO.In a Dec 1 Twitter Spaces event, Bankman-Fried acknowledged that he and Ellison had "been together for a while", but declined to give more details.Ellison has said she believes in effective altruism, a philanthropic movement popular among Silicon Valley executives.Ellison did not respond to phone calls or an emailed request for comment.Gary Wang co-founded FTX and Alameda Research with Bankman-Fried, and served as FTX's chief technology officer.

He and Bankman-Fried met at a math camp in high school and became college roommates, Bankman-Fried wrote in a now-unavailable FTX blog.Wang worked as a software engineer at Google

Read more on channelnewsasia.com
The website meaws.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA