Former Alameda CEO Caroline May Have Betrayed SBF

It seems probable that former FTX workers were complying with authorities.
Caroline Ellison has gone silent ever since this whole thing exploded.
Caroline’s attorney reportedly worked at the SEC as its co-head of enforcement.

In a recent interview with CNBC earlier this week, Howard Fischer, a former SEC lawyer says “it seems probable that former FTX workers were complying with authorities, most likely in return for leniency.” Caroline Ellison, the former CEO of Alameda Research, is one of the top executives alleged of snitching on Sam Bankman-Fried.

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Furthermore, according to CNBC, Caroline Ellison has gone silent ever since this whole thing exploded.

“With a large case like this, there is often a rush to be the first one in the prosecutor’s door, because the value of cooperation diminishes rapidly if all you can offer is a duplicate of what the authorities already have,” said Fischer.

Fischer, referring to former Alameda CEO Caroline Ellison, added, “While it is not known yet if that is the case, or who might be cooperating at this point, I would not be surprised if Ms. Ellison was one of the first person’s seeking to help the prosecution.”

According to the cryptocurrency community on Reddit, SBF will take the heat, for the most part, and Caroline will remain unharmed if this is true. Although having SBF convicted for his fraud feels nice for FTX investors, many would be unhappy if she gets to spend the rest of her life as if she didn’t intentionally ruin so many people’s lives.

According to a Reddit user, Caroline likely has to prove that she didn’t know the shady deals that were really going on in order to save herself.

In the same vein, Caroline’s attorney reportedly worked at the SEC as its co-head of enforcement. This means she has a firm grasp of the ins and outs of the system and can effectively advocate for her client inside it.

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Godfrey Mwirigi

Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.