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Alameda Research was a cryptocurrency trading firm, co-founded in September 2017 by Sam Bankman-Fried and Tara MacAulay. [ 2 ] [ 3 ] In November 2022, FTX , Alameda's sister cryptocurrency exchange, experienced a solvency crisis, and both FTX and Alameda filed for Chapter 11 bankruptcy . [ 4 ]
Caroline Ellison (born November 1994) is an American business executive who was convicted of fraud in 2023 in relation to the bankruptcy of FTX.She was the CEO of Alameda Research, a trading firm affiliated with the FTX and founded by Sam Bankman-Fried. [6]
He joined Alameda Research in March 2019, and officially became the co-CEO in October 2021 along with Caroline Ellison. [4] The following August, Trabucco stepped down from the role and Caroline Ellison became the sole CEO of the firm. [6] [7] [8] Alameda Research purchased a 52-foot yacht for Trabucco, who named it Soak My Deck. [9]
On one hand, as the CEO of Alameda Research, Ellison was a participant in one of the biggest fraud schemes in history. But Kaplan weighed detailed filings from prosecutors and her lawyers, which ...
The once-hailed ‘boy wonder’ of the crypto industry rose to prominence after founding trading firm Alameda Research in 2017 at the age of 25. So what went wrong? Bevan Hurley looks back at ...
Alameda and FTX had a closer relationship than most market makers and exchanges. They both were founded by Bankman-Fried and Wang, and Bankman-Fried implemented the strategy for both, according to ...
Ellison is the former chief executive of Bankman-Fried’s cryptocurrency hedge fund trading firm, Alameda Research. Wang co-founded FTX, the crypto exchange. Both agreed to testify at Bankman ...
On Nov. 9, just two days before the crypto exchange FTX declared bankruptcy, almost all 30 employees from Alameda Research gathered both virtually and in person at the crypto hedge fund’s office ...