Alameda Research

Alameda Chief Gets Ex-SEC Top Gun as Lawyer for FTX Probe

The rumors that former Alameda Research CEO Caroline Ellison was in New York instead of Dubai may be proven true, given recent developments that have come to light. According to journalist Tiffany Fong, she has onboarded former SEC enforcement head Stephanie Avakian as her lawyer for the upcoming House hearing. Bloomberg and other prominent media institutions also provided similar information, adding that WilmerHale, the law firm where Avakian is the head of the securities and financial services department. Previously, Avakian worked for the SEC from 2016 up to 2022, obtaining the lofty position of head of its enforcement division. People