Caroline Ellison
Former chief executive of Alameda Research who pleaded guilty to fraud after the 2022 collapse of FTX.
In plain English
Former chief executive of Alameda Research who pleaded guilty to fraud after the 2022 collapse of FTX.
Caroline Ellison ran Alameda Research, the trading firm tied to the exchange FTX, in the period before both collapsed in November 2022.
She pleaded guilty to fraud charges, cooperated with prosecutors and testified against Sam Bankman-Fried at his 2023 trial, describing how Alameda had used FTX customer money. She was later sentenced to two years in prison. Her story became one of the clearest public accounts of how the money went missing.
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