WATCH: Did Caroline Ellison Blow The Whistle On FTX?• December 15, 2022 10:02 am • Comments
Several interesting reports corroborate the idea that Caroline Ellison potentially blew the whistle on FTX.
For starters, the 28-year-old is currently walking the streets of New York City as a free woman, while her boyfriend, and alleged co-conspirator, is in the custody of the authorities.
By all accounts, Caroline Ellison should be in custody with Bankman-Fried.
According to sources, the former C.E.O. of the now-defunct Alameda Capital has cozied up to authorities and is likely working with them—no other explanation seems plausible at this point.
The folks over at Crypto Tips speculate:
However, these are not the only items pointing to the idea that Ellison is working with authorities…Users point out that Ellison made a stunning admission via her Tumblr account over a year ago.
Although the post was meant as a joke, and intended to be humorous, she blatantly admitted to wire fraud and referred to herself as “fake charity nerd girl”.
This type of public admission, by the head of a multi-billion dollar operation, is wildly reckless and it begs the question: was Caroline Ellison attempting to blow the whistle? Was this a no-so-secret cry to the authorities?
Too good. I just checked the archive of Caroline Ellison's Tumblr, and she jokingly admitted that she was committing wire fraud years ago. The SEC must have been asleep at the wheel. pic.twitter.com/XxOKOMnvOo
— vmudream 🛰 (@vmudream) December 13, 2022
According to The New York Post:
“She would have among the greatest incentives to cooperate, as it was seeming likely that in his effort to exculpate himself, Bankman-Fried would try to finger her,” former Securities and Exchange Commission lawyer Howard Fischer told The Post.
Fischer said “the speed of the indictment and the breadth of the charges” against Bankman-Fried meant “someone relatively senior is cooperating with the federal authorities in exchange for leniency for their own potential misconduct.”
caroline ellison i love you pic.twitter.com/zoaeLoyHg2
— asherah (@e_asherah) December 7, 2022
It’s hard to fathom that Bankman-Fried is in custody based on a SDNY indictment & Caroline Ellison has been seen walking freely in the SDNY without her being an asset to their investigation. If not, & she’s walking around in their backyard, would be another level of incompetence https://t.co/GYO0vhPBJo
— Rob O'Donnell (@odonnell_r) December 14, 2022
New York Magazine writes:
Ellison hasn’t been making the media circuit like her former boss and former boyfriend in recent weeks, but her words still loom large in the entire affair.
According to The Wall Street Journal, she told employees in a video call that she, Bankman-Fried, Singh, and Wang all knew that FTX’s customer deposits were being used by Alameda — a potentially fraudulent commingling of funds that’s at the very heart of what will happen next to these traders.
(He told Bloomberg reporter Zeke Faux that he “doesn’t remember it that way” and downplayed his role in that meeting to a mere “kibitzing.” However, he also acknowledged that it happened, saying “that was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially.”)
But there was a telling moment in George Stephanopoulos’s interview where the Good Morning America host pressed Bankman-Fried on this.
“If she’s in court and you’re in court, and she’s under oath and you’re under oath, and you’re asked, ‘Did you know that these funds were being funneled to Alameda?,’ what is your answer?” Stephanopoulos asked.
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