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Caroline Ellison Insider's View on FTX Crypto Exchange

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First published at 16:48 UTC on November 13th, 2022.

#ftx-crypto-exchange
#stock-bitcoin-collapse
#market-crime-looting-bankrupt

Possumkicker Catch-22

Possumkicker

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30-year-old Sam Bankman-Fried (SBF) has already lost 94% of his fortune and is facing questions as to the probity of his actions after the Wall Street Journal reported that his crypto exchange, FTX, lent $10bn to his affiliated trading firm, Alameda Research. Constance Wang, the 28 year-old ex-Credit Suisse analyst running the day-to-day operations of FTX is presumably sharing the pain. Caroline Ellison, another 28-year-old SBF protégé already appears to be out of a job.

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