There has been a terrible week and day for millennials in the cryptocurrency industry. Sam Bankman-Fried (SBF), who is 30 years old, has seen 94% of his riches evaporate and is now being questioned about his honesty after the Wall Street Journal revealed that SBF’s cryptocurrency exchange, FTX, had lent $10 billion to his linked trading firm, Alameda Research. Perhaps feeling some of that sting is Constance Wang, FTX’s day-to-day operations manager, and a 28-year-old ex-Credit Suisse analyst. Yet another SBF mentee, 28-year-old Caroline Ellison, looks to be unemployed.
The media outlet that kicked off Sam Bankman-plunge Fried’s into the bitcoin mineshaft is adding fuel to the flames.
This month, the cryptocurrency news site CoinDesk leaked a balance sheet that showed that most of the assets of Bankman-two Fried’s businesses, crypto exchange FTX and trading firm Alameda Research, were tied to FTX’s own cryptocurrency token, FTT.
We’ll address whether or not Sam Bankman-Fried and Caroline Ellison are dating, a topic that’s sure to interest many readers.
Sam Bankman-Fried Used To Date Caroline Ellison
Sam Bankman-Fried, age 30 (and founder of the now-struggling cryptocurrency exchange FTX) lives in a Bahamas penthouse with the inner group that managed the exchange and the trading firm Alameda Research.
Several are classmates and friends from his alma mater, MIT, while others are former coworkers from the quantitative trading business Jane Street. Each of the ten is currently in a committed romantic relationship with each other or has recently been in one.
People familiar with the situation say that Bankman-Fried has had romantic relationships with several people connected to the fall of Alameda, including CEO Caroline Ellison, whose firm played a pivotal part in the company’s demise.
Keep in mind that in its story, Coindesk singled out Caroline Ellison as the only employee to have dated Bankman-Fried at some point, but no other particular past or present connections were provided. The publication mentioned that Ellison did not respond to their request for comment.
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Know More About Sam Bankman-Fried’s Girlfriend Caroline Ellison, CEO Of Alameda Research
Earlier today, Ellison stepped down as CEO of Alameda Research, which is now closing. With a reputation for aggressive trading, Alameda was a prominent player in the cryptocurrency industry. It was revealed today by SBF that they were financed by client funds deposited by those customers into FTX for trading.
There is no evidence that Ellison committed any wrongdoing, and it is unclear what, if any, role she played in the use of FTX customer funds, but she doesn’t appear to have had any expertise before taking over a company with an alleged $10 billion in cash.
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Ellison earned a bachelor’s degree in mathematics from Stanford in 2016, and then spent the subsequent 19 months working as a junior trader before joining Alameda in March 2018. She mentioned working at Jane Street as her first job out of college in a podcast she recorded two years ago. Ellison, the daughter of two economists, “simply didn’t really know what to do with her life,” and thus ended up in trading.
Sam Bankman-Fried, who used to work for Jane Street, was the one who got her to join Alameda. Ellison said she felt bad that she had only stayed at Jane Street for a short time when she left. But she quickly got over this feeling when she got to Alameda and found out that she “kind of had more trading experience than a lot of Alameda traders.”