Why did Lisa Ellison start FTX crypto?

Ellison’s skeptical concern about Decentralized Finance led to arguments within the firm. In 2020, Ellison indicated her affinity for LARPing — in which people dress up to portray fictional characters. In 2019, Bankman-Fried started FTX Crypto and handed the reins of Alameda to Ellison and Trabucco.

Who is Caroline Ellison?

Caroline Ellison was the CEO of Alameda Research, a trading firm launched by Sam Bankman-Fried. She oversaw many of the risky bets Alameda took with FTX customers' crypto tokens. Here is her background story. Over the past few weeks, a mushroom of secrets about the inner workings of Sam Bankman-Fried's crypto exchange, FTX, have come to light.

What did Ellison say about the FTX collapse?

In a message to Bankman-Fried as the collapse began in November 2022, Ellison wrote that she had an “increasing dread of this day that was weighing on me.” With Ellison and other FTX lieutenants flipping, one can imagine that Bankman-Fried may be feeling the same way as October looms.

Who is Caroline Ellison & Sam Bankman-fried?

Caroline Ellison wanted to make a difference. Now she’s facing prison. Caroline Ellison wanted to make a difference. Now she’s facing prison. For four years, Caroline Ellison and Sam Bankman-Fried worked together to build a crypto empire. Ellison ran the hedge fund connected to FTX, the cryptocurrency exchange Bankman-Fried founded in 2019.