Caroline Ellison Biography: Caroline Ellison born 1994 is a former American business executive and quantitative trader who served as CEO of Alameda Research, a trading firm linked to the cryptocurrency exchange FTX, founded by Sam Bankman-Fried. In 2022, she pleaded guilty to multiple charges, including fraud, money laundering, and conspiracy, related to her role at Alameda Research. According to an anonymous source reported by The Wall Street Journal in November 2022, Alameda Research owed FTX approximately $10 billion, with allegations that FTX had lent this amount using customer funds. Following the bankruptcy filings of FTX and Alameda, Ellison was terminated from her position. In December 2022, she pleaded guilty to two counts of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit securities fraud, and conspiracy to commit money laundering. On September 24, 2024, she was sentenced to two years in prison.
Caroline Ellison Biography 2024
Caroline Ellison is an American former business executive and quantitative trader who was the CEO of Alameda Research, the trading firm affiliated with the cryptocurrency exchange FTX and founded by FTX founder Sam Bankman-Fried.
Born: 1994 (age 30 years), Boston, Massachusetts, United States
Education: Stanford University, Newton North High School
Parents: Sara Fisher, Glenn Ellison
Criminal status: Pleaded guilty
Caroline Ellison Biography 2024 Details
Born | 1994 (age 29–30)Boston , Massachusetts, U.S. |
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Alma mater | Stanford University (BS) |
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Known for | Former CEO of Alameda Research |
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Criminal status | Pleaded guilty |
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Parent(s) | Glenn Ellison Sara Fisher Ellison |
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Penalty | two years in prison |
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Category | Lifestyle |
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Early Life and Education
Ellison was born in Boston and raised in the nearby suburbs of Cambridge and Newton. She is the eldest of three daughters of Glenn and Sara Fisher Ellison, both economists at MIT. Growing up Catholic, Ellison and her siblings were exposed to economics early on, even learning Bayesian statistics in primary school. At just eight years old, she presented her father with an economic study on stuffed animal prices from Toys “R” Us as a birthday gift.
During her time at Bigelow Middle School, Ellison and her younger sister Anna participated in math competitions coached by their father. She achieved top honors in the American Mathematics Competitions in 2008. While a student at Newton North High School, she represented the U.S. at the 2011 International Linguistics Olympiad, earning an honorable mention and a “best solution” award. She also captained her high school math team and participated in the Greater Boston Math League, competing in the Math Prize for Girls. In her senior year, she was accepted into the MIT PRIMES after-school program and graduated in 2012 as a National Merit Scholar.
Caroline Ellison’s Net Worth
Details | Amount |
Estimated Net Worth | $5 Million |
Primary Source of Wealth | Alameda Research |
Significant Events | Bankruptcy Scandal |
Caroline Ellison is a former business executive and quantitative trader, known primarily for her role as CEO of Alameda Research, a cryptocurrency trading firm co-founded by Sam Bankman-Fried. As of September 2024, her estimated net worth stands at approximately $5 million.
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Caroline Ellison’s Background
Category | Information |
Date of Birth | November 1994 |
Education | Bachelor‘s in Mathematics from Stanford (2016) |
Early Influences | Raised by economists at MIT |
Caroline Ellison’s Career Journey
Position | Organization | Duration |
Junior Trader | Jane Street | 2016-2018 |
Co-CEO | Alameda Research | 2021-2022 |
CEO | Alameda Research | 2022 |
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Caroline Ellison’s Legal Issues
Event | Details |
Bankruptcy Filing | Alameda and FTX filed for Chapter 11 in late 2022 |
Guilty Plea | Pleaded guilty to fraud and money laundering in December 2022 |
Sentencing | Received a two-year prison sentence in September 2024 |
Caroline Ellison’s Financial Transactions
Transaction | Amount |
Personal Transfer | $22.5 million from Alameda to personal accounts |
Alleged Bonus | $10 million labeled as a bonus |
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Caroline Ellison’s Salary
Year | Base Salary | Bonus |
2021 | $200,000 | $20 million |
During her tenure at Alameda Research, Ellison had a base salary of $200,000.
Caroline Ellison’s Relationships
Relationship | Details |
Sam Bankman-Fried | Reportedly in a romantic relationship |
Polyamory | Identifies as a polyamorist |