SBF’s Other Half Surfaces: Will Caroline Sing?

5 December

Posted by James Madison of American Media Periscope

Caroline Ellison was the co-CEO of Sam Bankman Fried’s hedge fund, Alameda Research, beginning in October of 2021. After August of this year, she held the position singularly. Miss Ellison’s involvement is certainly relevant in the present because she now is a great asset in potentially building a case against FTX and Alameda. Miss Ellison was at one point romantically involved with Mr Bankman Fried but the two may end up with a great deal of attention on their relationship because on 2 December, Mr Bankman Fried was asked in an interview about how Miss Ellison was involved in running the company. His response was a rather blunt ‘I do not control her’ followed by ‘there was a pretty big diffusion of responsibility’. Those responses suggest a desperation in hopes of finding a way to make the claim that the business collapse was not really Sam Bankman Fried’s fault. Considering there no longer is a romantic relationship between the two, Miss Ellison now has every reason to cut a deal with prosecutors who want to have an airtight case against Mr Bankman Fried.



Alameda’s Caroline Ellison Spotted In NY Amid Speculation She Is About To Roll On SBF After Hiring Iconic Clinton Lawyer

Tyler Durden's Photo

by Tyler Durden

Monday, Dec 05, 2022 – 07:01 AM

As Sam Bankman-Fried enters day six of his whirlwind media tour in which he makes one or more daily appearances – against the advice of his lawyers – in hopes of convincing someone that he was too dumb to be a criminal mastermind with billions in crypto in cold storage and in bank accounts in Dubai and Singapore (luckily all his wire transfers can be traced), also known as the Simple Jack defense

… the weakest link in SBF’s defense was just spotted in a New York coffee shop, amid speculation she is preparing to blow up SBF’s entire defense strategy.

According to Autism Capital, the former CEO of Alameda Capital (which as a reminder was ground zero of the FTX implosion after it blew up $8 billion in FTX client funds on trades gone horribly wrong), Caroline Ellison, was spotted at 8:15am this morning at the Ground Support Coffee on West Broad in SoHo Manhattan. This, as AC notes, “would mean she is not in Hong Kong and is in NY not in custody.”

A statement from a barista at the coffee shop confirmed that it was in fact Caroline.

Why does this matter? Because while the prominent Democrat donor, who reportedly is “responsible for Biden being in office” and who – at least according to Musk – donated over $1 billion to democrats…

… continues his deluded daily media appearances while casually throwing his former alleged lover, co-worker and penthouse-mate, Caroline – and pretty much all other co-workers – under the bus by claiming he has no idea how $8 billion in FTX client funds just vaporized in SBF’s personal hedge fund, Alameda (implying that only Alameda’s CEO, Ellison, was responsible for the theft and fraud) Caroline is two-steps ahead of SBF and is already cooperating with members of the DOJ, and specifically the SDNY, which we previously reported is probing the collapse of FTX.

Subsequent reports have only reinforced this rumor, and the latest is that Ellison is being represented by DC law firm, WilmerHale…

… best known for its Government Affairs Department Chair, Jamie Gorelick, who was the former No. 2 ranking member in the Clinton Justice Department, and in a recent interview, she referred to Garland as her “wingman.”

If indeed Ellison is working the Feds while currying favor with SBF’s former closest friends, the days of Bankman-Fried – who may or may not soon commit Epsteincide – outside of a prison cell are numbered.

As for SBF, who is still wasting his time “uhhhm“-ing and “like“-ing across various interviews hoping to demonstrate to the world – and his future jurors – just how bloody stupid he really was…

… and blaming it all on messy accounting, poor risk management, and of course, Caroline Ellison – not his premeditated fraud of course – even the CEO of Coinbase is no longer buying his relentless bullshit, saying earlier that no matter how “messy you accounting is (or how rich you are) – you’re definitely going to notice if you find an extra $8B to spend” adding that “even the most gullible person should not believe Sam’s claim that this was an accounting error” (here he is referring to Bill Ackman, of course), and correctly concluded that “it’s stolen customer money used in his hedge fund, plain and simple.”

All that’s missing is the definitive proof, and if the above rumors are correct, Caroline Ellison is in the process of, or already has provided it to the Feds. Which incidentally, may explain why SBF’s “I am Simple Ja-ja-ja-jack, i’m so-so-so-sorry” tour just came to a crashing halt, when late on Sunday, the commingling masterming told Maxine Waters he won’t be voluntarily appearing before Congress – where any lie is a perjury – on the 13th (or ever for that matter).

Link to this article: https://www.zerohedge.com/markets/alamedas-caroline-ellison-spotted-ny-amid-speculation-she-about-roll-sbf-after-hiring

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