Sam Bankman Fried is in Jail Caroline Ellison, Caroline Bankman-Fried: Where is He?

• Caroline Ellison, the former CEO of Alameda is not named in the charges against Sam Bankman Fried
• However, the civil suit against the SEC refers back to her statements about the relationship between FTX/Alameda.
• Legal experts say that conspiracy charges and civil claims against SBF put others in danger. 

As Sam Bankman Fried was taken away in handcuffsSome have wondered: Caroline Ellison is Caroline Ellison’s ex-girlfriend and ran Alameda Research, his crypto hedge fund.

Legal watchers claim that US regulators and prosecutors have been tight-lipped so far: criminal indictmentEllison was not mentioned. SEC’s civil complaintBankman-Fried was the only one that was targeted.  

Experts said that the government is most likely looking beyond Bankman Fried when it investigates the “largest financial frauds in American history” by US Attorney Damian Williams. 

Renato Mariotti is a partner at Bryan Cave Leighton Paisner. She was a former Chicago federal prosecutor. “And given her current situation, she must be at least considering this move.” 

Ellison has not been charged or subject to any government complaints. However, Ellison’s rise to Alameda CEO, Bankman-Fried’s other crypto company, may have put her in the sights of investigators. 

The SEC outlined her tenure at Alameda from her 2018 arrival. It cited news reports that she claimed FTX was “at arm’s distance” with Alameda. However, she then said to Alameda workers last month that her leadership knew that it took FTX funds. reported in The Wall Street JournalAt the time.

The SEC filed a complaint Tuesday alleging that Bankman-Fried “remained” the ultimate decision-maker at Alameda even after Ellison took control.

US Attorney Damian Williams, who is in charge of the federal prosecutors office in Manhattan that was charged Bankman–Fried, said Tuesday that investigators were still investigating the case. Depending on the evidence, the agency may bring new charges against other defendants.

There are signs that’s coming — the conspiracy counts against Bankman-Fried show that a grand jury already found that prosecutors showed evidence that at least two people agreed to participate in an alleged criminal scheme. Though the indictment offers few insights beyond Bankman-Fried’s role, that’s not unusual during an ongoing investigation, said Rebecca Mermelstein, a partner at O’Melveny & Myers LLP.

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It is unclear what type of charges Ellison, if any may be facing. Federal prosecutors may be seeking other potential co-conspirators in the conspiracy charges against Bankman-Fried, especially on counts such as conspiracy to commit wire fraud and conspiracy to defraud securities. 

Anil Mujumdar is a professor at the University of Alabama and a former white-collar defense attorney.

“Typically, people in her position — if they are aware of misconduct, or even if they may have participated — they can help the government make the case against another defendant by trying to engage in early plea negotiations, and exchange information in return for a potentially lighter sentence,” Mujumdar said.  

Ellison’s attorney Stephanie Avakian of the law firm WilmerHale, did not respond Wednesday to Insider’s request to comment on the Bankman-Fried charges or Ms. Ellison’s current whereabouts. She was not available for comment until recently. living in a luxury penthouse in the BahamasAccording to CoinDesk’s report, Bankman-Fried was accompanied by eight other members of his inner circle.

Ellison has remained out of the public eye ever since Bankman-Fried’s crypto empire began to unravel in November. 

The fact that Ellison is being mentioned in stories about a large possible fraud is a shocking turn of events for someone who was once vice president of Stanford’s Effective Altruism clubShe began her quest to understand how to allocate money for the benefit of the entire world.

Bankman-Fried and Sheri initially bonded over their mutual interest in effective altruism. first met as colleagues at the trading firm Jane Street Capital. Both were also raised by university professors. Bankman-Fried’s parents were Stanford Law School professors. Ellison’s were economists based at Massachusetts Institute of Technology.

Bankman-Fried was a crypto trading company founder and he convinced Ellison that he should join the team. Ellison was his only female colleague and they eventually began a polyamorous relationship. accordingTo a CoinDesk Article that relied upon anonymous sources Bankman-Fried has said he dated Ellison for about six monthsHowever, she denied having a polyamorous affair.

While Ellison was largely left in the shadows Bankman-Fried, he officially took control. as CEO of Alameda Research in April 2022 after her colleague Sam Trabucco stepped down.