While the FTX Co-Founder Claims He ‘Wasn’t Running Alameda,’ SBF Is Asked Why He Threw Caroline Ellison ‘Under the Bus’

While the erstwhile FTX CEO Sam Bankman-Fried (SBF) has done galore interviews, during these discussions he’s explained connected galore occasions that arsenic acold arsenic Alameda Research is concerned, helium “wasn’t moving Alameda.” SBF wasn’t the CEO of the trading steadfast Alameda Research arsenic the occupation was handled by Caroline Ellison, a erstwhile Jane Street trader and Stanford graduate. Ellison has been ace soundless since FTX’s illness and there’s been speculation that she fled Hong Kong to reside successful Dubai.

Where successful the World Is Alameda’s CEO Caroline Ellison?

During Sam Bankman-Fried’s (SBF) interviews helium noted connected respective occasions that helium did not tally Alameda Research, the quantitative cryptocurrency trading steadfast and marketplace shaper that provided liquidity successful cryptocurrency markets. During his Dealbook Summit interview, SBF stated “I wasn’t moving Alameda,” and helium further stressed helium “didn’t cognize the size of their position.”

SBF is getting flood-the-zone coverage, but shouldn't we beryllium proceeding a batch much astir Caroline Ellison?

And Sam Trabucco, portion we're astatine it?

— Kevin Drum (@kdrum) November 24, 2022

“I didn’t cognize precisely what was going on,” SBF told the assemblage watching the Dealbook Summit interview. On paper, it shows that SBF founded Alameda Research, but helium claimed connected respective occasions that it was a wholly antithetic entity than FTX, contempt the arguments that quality his claims. Data shows that astatine 1 constituent Alameda had 2 CEOs — Sam Trabucco and Caroline Ellison. The cryptocurrency assemblage assumes that if SBF didn’t cognize what was going connected down the scenes astatine Alameda, Trabucco and Ellison indispensable person answers.

nothing similar regular amphetamine usage to marque you admit however dumb a batch of normal, non-medicated quality acquisition is

— Caroline (@carolinecapital) April 5, 2021

Trabucco, however, announced connected Aug. 24, 2022, that helium was leaving Alameda and helium has not been speaking since the full incidental went haywire. The erstwhile co-CEO did constitute a cryptic tweet connected Nov. 8, 2022, aft the FTX’s calamity started. “Much emotion to everyone — I’m definite the past fewer days person been acheronian for galore and I anticipation the roadworthy up is brighter,” Trabucco said. Since Trabucco near little than 3 months anterior to FTX’s collapse, Ellison was the CEO near successful charge.

No 1 has heard from Ellison, the girl of 2 MIT economists. However, she did tweet astir Alameda’s equilibrium expanse aft the report Coindesk’s Ian Allison published connected Nov. 2, 2022. “A fewer notes connected the equilibrium expanse info that has been circulating recently: – that circumstantial equilibrium expanse is for a subset of our firm entities, we person [more than] $10B of assets that aren’t reflected there,” Ellison wrote. “The equilibrium expanse breaks retired a fewer of our biggest agelong positions; we evidently person hedges that aren’t listed. Given the tightening successful the crypto recognition abstraction this twelvemonth we’ve returned astir of our loans by now,” Ellison added.

Like Trabucco, Ellison has not said a peep aft her past tweets and nary 1 has heard from her since. While SBF is not taking work for Alameda due to the fact that helium “wasn’t moving Alameda” and didn’t recognize the positions it held, it inactive leaves idiosyncratic responsible. Kim Dotcom highlighted this origin during SBF’s candid interrogation connected Twitter Spaces erstwhile helium asked however could radical spot SBF aft helium “threw his person nether the bus.” SBF was precise annoyed by this question, and helium told Dotcom that helium thought it was “f***ed up.” But successful each reality, if SBF didn’t cognize what was going connected astatine Alameda, past it is rather evident who did.

Ellison has been covered by the media connected respective occasions, but the reports are lone gathering nationalist info from the web. Further, the reports person been condemned arsenic puff pieces written by the establishment. The Alameda CEO has not spoken candidly with the New York Times, Good Morning America, oregon exclusive interviews with New York Magazine and Bloomberg. While she was the CEO of Alameda nary one’s asked SBF wherever she is close now, and what she is doing astir the full FTX/Alameda fiasco. Ellison reportedly near Hong Kong and fled to Dubai, but reports are unconfirmed. Specific Gulf countries similar the United Arab Emirates bash not person extradition treaties with the United States.

What bash you deliberation astir SBF saying helium didn’t tally Alameda and Caroline Ellison’s soundlessness connected the subject? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.