Crypto Exec Felt Unsuited to Run Alameda Amid SBF Relationship Drama

23. Juli 2023 Aus Von admin

• Caroline Ellison, former CEO of Alameda Research, felt “unhappy and overwhelmed” and doubted she was well suited to the role.
• According to newly leaked excerpts from her online diary, her relationship with Sam Bankman-Fried caused tension in the job.
• She wrote that she tried to regain a sense of power by ghosting him after one of their breakups.

Caroline Ellison Felt Unsuited To Run Alameda

Caroline Ellison – former CEO of the fallen crypto trading desk Alameda Research – felt “unhappy and overwhelmed” with her job, and strongly doubted that she was well suited to the role. Someone leaked her personal diary to the media which shed light on many of her inner thoughts before FTX’s demise.

Relationship Drama With SBF

Sam Bankman-Fried founded Alameda in 2017 and promoted Ellison to a co-CEO position in 2021 alongside Sam Trabucco. While Sam did not formally control Alameda’s operations, Ellison wrote in February 2022 that she had “an instinct to shrink and become smaller and quieter and defer to others” when he was around. After one of the couple’s many breakups, Ellison deliberately ghosted Bankman-Fried as a way to regain power.

Imposter Syndrome

Ellison’s diary entries also revealed feelings of imposter syndrome when it came to running Alameda due to its association with SBF. She noted how her previous breakup had „significantly decreased [her] excitement about Alameda.“ Additionally, she expressed feeling overwhelmed by the pressure put on her from being SBFs partner while running a business together at such a young age.

Fall Of FTX

Despite all this drama between them, it seemed as though things were going well for FTX until it suddenly closed down earlier this year without any explanation from its founders or team members. Speculation has been mounting ever since regarding its closure but no official statement has been made yet as investigations are still ongoing into what happened behind closed doors at FTX before it abruptly shut down after just two years in business.

US Government Investigation The US Government believes that Sam Bankman-Fried may have been responsible for leaking Caroline Ellison’s personal diary which has brought up more questions than answers about what really happened at FTX leading up to its downfall this year. As investigations continue into what went wrong with FTX, more information is sure to come out soon about Caroline Ellision’s tumultuous relationship with SBF and any other contributing factors that may have led up to its demise this year