Alameda CEO Caroline Ellison & Sam Bankman Fried's rumored ex-girlfriend under scrutiny after FTX collapse.
Caroline Ellison is the ex-girlfriend of a former billionaire, Sam Bankman Fried.
Samuel Bankman-Fried, commonly known by his letters SBF, is an American investor, businessman, and former millionaire.
He was born on March 6, 1992. He is currently 30 years old. According to Sam's date of birth and astrologers, his zodiac sign is Pisces.
He was birthed in 1992 into a household of academics on the Stanford University campus. He was raised in an upper-middle-class Jewish family in California, the son of Stanford Law School professors Barbara Fried and Joseph Bankman.
He participated in Canada/USA Mathcamp, a summertime course for high school students with mathematical aptitude. He graduated from Crystal Springs Uplands School for high school in Hillsborough, California.
Vegan Bankman-Fried. He shared a Bahamas 5-bedroom penthouse with roughly ten other people as of mid-2021. The penthouse was offered for sale for about $40 million following FTX's demise.
He is a devotee of the online gaming League of Legends and is accused of playing it during a call to Sequoia Capital to get an investment.
Meet Caroline Ellison, Sam Bankman Fried's Ex-Girlfriend
Sam Bankman Fried is a well-known entrepreneur, former billionaire, and investor who was in a relationship with his ex-girlfriend, Caroline Ellison.
Caroline, on the other hand, is an American business executive. Sam's former partner is very talented and creative. She is the Chief Executive Officer at Alameda Research.
However, the company was founded by Sam himself. As per the reports, Ellison owed around 10 billion dollars to the cryptocurrency exchange FTX as of November 2022.
She is the daughter of Sara Fisher Ellison, an economist at MIT, and Glenn Ellison, the Gregory K. Palm (1970) Professor of Economics at MIT who coached Ellison's math team in middle school.
She earned a bachelor's degree in mathematics from Stanford University in 2016. According to her Twitter and Tumblr feeds, Ellison adored reading fan fiction and the Harry Potter series, was polyamorous, and frequently used amphetamines.
She attended Newton North High School and competed for the United States in the 2011 International Linguistics Olympiad. She works diligently and is talented.
She served as CEO of Alameda Research, which is presently being shut down. Market maker Alameda was well-known for adopting aggressive trading strategies. SBF stated today that the funds utilized to pay for these were deposits made in FTX by customers for their business reasons.
Caroline Ellison VS Sam Bankman's Net Worth
Caroline Ellison's net worth is projected to be around $15 million, whereas Sam Bankman's net worth is $10.5 billion in 2022.
Bankman's total earnings peaked at 26 billion dollars. He began trading international ETFs in 2013 at Jane Street Capital, a private trading company.
He moved away from Jane Street in September 2017 and settled in Berkeley. From October to November of that year, Sam served as the development director for the Centre for Effective Altruism.
He owned around ninety percent of Alameda Research as of 2021. To benefit from the more excellent value of bitcoin in Japan compared to The USA, Bankman-Fried scheduled a speculative trade in January 2018 that went up to $25M daily.
He and other business leaders testified to the Committee on Financial Services on December 8, 2021, concerning the need to regulate the cryptocurrency sector.
On the other hand, after graduating, Caroline met Sam Bankman-Fried while working for Jane Street, a quantitative trading firm. She worked at Jane Street as a junior trader for 19 months.
In March 2018, she then relocated to Alameda Research. Ellison provided funds to the FTX Future Fund to support charitable projects that adhere to the practical altruism tenets.
After Sam Trabucco, her co-CEO resigned in August 2022, Ellison assumed sole leadership of Alameda Research. After CoinDesk expressed grave concerns about Alameda Research's balance sheet and connection to FTX on November 6, 2022, Ellison responded by claiming that the information was incomplete and that the company had over $10 billion in additional assets.
Sam Bankman-Fried Career
Sam Bankman-Fried is doing great in his career as an entrepreneur.
Sam studied at the Massachusetts Institute of Technology from 2010 to 2014. He resided in Epsilon Theta, a coeducational group home there. He earned a physics degree and a focus in mathematics in 2014 and received his diploma.
On May 12, 2022, it was revealed that Bankman-Fried's majority-owned Emergent Fidelity Technologies Ltd. had acquired 7.6% of Robinhood Markets Inc. stock.
More than 500 million dollars was invested in venture capital businesses by Bankman-Fried, notably $200 million in Sequoia Capital. Sequoia issued a favorable profile of Bankman-Fried, which it later took down following the FTX financial crisis.
On November 11, Bankman-Fried stepped down as CEO of FTX, and John J. Ray III took over in her stead. Ray has experience assisting investors in recovering losses at previous corporations, such as Enron.
On November 14, he started posting incredibly brief "cryptic" statements on Twitter. A $1,000 payment to Michael Bennet that Bankman-Fried made when he was eighteen was the only campaign finance activity she was involved in before the 2020 election.
Both parties received contributions from June 2021 until February 2022. They included contributions to the Republican movements of senators Susan Collins of Maine, Lisa Murkowski of Alaska, Mitt Romney of Utah, and Ben Sasse of Nebraska.
He claimed in February 2022 that his political donations were not intended to impact his policy objectives for the cryptocurrency ecosystem; nevertheless, at the time, FTX was disseminating a list of recommendations to decision-makers.
ncG1vNJzZmirmKTEo7XZnKarppWne6S7zGidrbBdmLKwecaiqaWeop6yr7A%3D