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Former Alameda Research CEO Caroline Ellison Admits She Was Not Suited to Run Failed Trading Desk, According to Diary

According to her diary, former Alameda Research CEO Caroline Ellison did not feel suited to running the failed trading desk and reportedly wrote that it "feels great" the day the FTX empire finally collapsed. Ellison, who admitted fraud related to the collapse of crypto exchange FTX in December, will now be the star witness in her ex-lover's October FTX trial.

The New York Times reported that Ellison's diary also mentioned her "Tumblr posts about Harry Potter and Jane Austen," but did not mention her controversial writing about race science and polyamory. FTX and its sister trading firm Alameda Research went bankrupt in November of last year, and newly appointed FTX CEO John J Ray III has alleged that Alameda had the ability to use FTX customer assets for its own means and without oversight.

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