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Caroline Ellison – the former CEO of fallen crypto trading desk Alameda Research – felt “unhappy and overwhelmed” by her job, and strongly doubted she was suitable for the role, according to newly leaked excerpts from her online diary.
Excerpts delve into many of his inner thoughts prior to FTX’s demise, including his troubled relationship with Sam Bankman-Fried (SBF).
boyfriend pressure and cheater syndrome
as reported the new York Times On Thursday, the 27-year-old crypto executive told SBF in April 2022 that her previous breakup with SBF had “significantly dampened my enthusiasm about Alameda” due to a job association with the exchange founder.
Bankman-Fried founded Alameda in 2017 and promoted Ellison to the co-CEO position in 2021, along with Sam Trabuco. While Sam did not formally control Alameda’s operations, Ellison wrote in February 2022 that he had a “tendency to shrink, be small and quiet, and submissive to others” when he was around.
After one of the couple’s many breakups, Alison purposely ghosts Bankman-Fried. “Not giving you the exposure you wanted felt like it was the only way I could regain a sense of power,” she wrote in April.
Ellison’s Alameda was one of the few trading desks that managed to survive the immediate aftermath of the May 2022 collapse of Terra (LUNA), which ousted rival hedge fund Three Arrows Capital.
However, as prosecutors now allege, FTX was responsible for keeping Alameda alive at the time by using billions in customer deposits. FTX’s new CEO and bankruptcy attorney John Ray has confirmed that FTX and Alameda have effectively shared a balance sheet.
Even in April before Terra’s collapse, Ellison wrote about how much he doubted his abilities, lacking in areas such as “leadership” and “judgment”.
He wrote, “Running the Alameda does not seem to be something of which I am comparably capable or suited to do.”
Did SBF leak Alison’s diary?
Shortly after the New York Times published its article, the Justice Department accused the SBF of being responsible for leaking Ellison’s diaries to reporters.
The government requested that the court restrain Bankman-Fried from releasing any other non-public information that could potentially interfere with a fair trial.
“Such an order is necessary because there is a substantial likelihood that defendant’s extrajudicial comments will undermine a fair trial by tainting the jury pool and undermining the testimony of potential trial witnesses,” the DOJ wrote Thursday. Admission,
The DOJ has already charged Bankman-Fried with more than a dozen charges related to financial fraud and campaign finance violations. FTX also sued the SBF and other authorities this week to recover more than $1 billion in lost client assets.
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Caroline Ellison – the former CEO of fallen crypto trading desk Alameda Research – felt “unhappy and overwhelmed” by her job, and strongly doubted she was suitable for the role, according to newly leaked excerpts from her online diary.
Excerpts delve into many of his inner thoughts prior to FTX’s demise, including his troubled relationship with Sam Bankman-Fried (SBF).
boyfriend pressure and cheater syndrome
as reported the new York Times On Thursday, the 27-year-old crypto executive told SBF in April 2022 that her previous breakup with SBF had “significantly dampened my enthusiasm about Alameda” due to a job association with the exchange founder.
Bankman-Fried founded Alameda in 2017 and promoted Ellison to the co-CEO position in 2021, along with Sam Trabuco. While Sam did not formally control Alameda’s operations, Ellison wrote in February 2022 that he had a “tendency to shrink, be small and quiet, and submissive to others” when he was around.
After one of the couple’s many breakups, Alison purposely ghosts Bankman-Fried. “Not giving you the exposure you wanted felt like it was the only way I could regain a sense of power,” she wrote in April.
Ellison’s Alameda was one of the few trading desks that managed to survive the immediate aftermath of the May 2022 collapse of Terra (LUNA), which ousted rival hedge fund Three Arrows Capital.
However, as prosecutors now allege, FTX was responsible for keeping Alameda alive at the time by using billions in customer deposits. FTX’s new CEO and bankruptcy attorney John Ray has confirmed that FTX and Alameda have effectively shared a balance sheet.
Even in April before Terra’s collapse, Ellison wrote about how much he doubted his abilities, lacking in areas such as “leadership” and “judgment”.
He wrote, “Running the Alameda does not seem to be something of which I am comparably capable or suited to do.”
Did SBF leak Alison’s diary?
Shortly after the New York Times published its article, the Justice Department accused the SBF of being responsible for leaking Ellison’s diaries to reporters.
The government requested that the court restrain Bankman-Fried from releasing any other non-public information that could potentially interfere with a fair trial.
“Such an order is necessary because there is a substantial likelihood that defendant’s extrajudicial comments will undermine a fair trial by tainting the jury pool and undermining the testimony of potential trial witnesses,” the DOJ wrote Thursday. Admission,
The DOJ has already charged Bankman-Fried with more than a dozen charges related to financial fraud and campaign finance violations. FTX also sued the SBF and other authorities this week to recover more than $1 billion in lost client assets.
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off fees on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
