Sam Bankman-Fried Gf: Born on March 6, 1992, Samuel Benjamin Bankman-Fried is an American businessman, investor, and former billionaire. He goes by the initials SBF. Bankman-Fried was the founder and CEO of the cryptocurrency trading company Alameda Research as well as the FTX exchange. Late in 2022, a crisis at FTX caused the native cryptocurrency of FTX, FTT, to crash. Bankman-Fried resigned as CEO of FTX during the crisis and declared he would wind down operations at Alameda Research. FTX then filed for Chapter 11 bankruptcy.
Who Is Sam Bankman-Fried Ex-Girlfriend, Caroline Ellison?
The 28-year-old CEO of the failed cryptocurrency company Alameda Research, Caroline Ellison, is under fire for the billions dollar collapse of the company as well as reports that she was Sam Bankman-ex-girlfriend, Fried’s the disgraced creator of FTX.
According to a shocking investigation by CoinDesk, Ellison and Bankman-Fried were part of a “cabal of housemates” operating out of a “luxury apartment” in the Bahamas and responsible for the schemes at FTX and Alameda. About 130 FTX Group affiliates, including Alameda, were listed in a Chapter 11 bankruptcy petition made last week.
The housemates are allegedly former Massachusetts Institute of Technology classmates of Bankman-Fried as well as ex-colleagues from the quantitative trading company Jane Street.
The 10 insiders had relationships that went beyond work; according to the study, some of them “are, or used to be, partnered up in romantic relationships with each other.”
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While controlling the now-bankrupt cryptocurrency empire, which had a valuation that dropped from roughly $32 billion at its peak to essentially nil after a sharp downturn, Ellison and Bankman-Fried occasionally dated.
A person with knowledge of the situation told CoinDesk that “a gang of adolescents in the Bahamas ran the entire operation.”
Sam Bankman-Fried’s Ex-Girlfriend, Co-Founder Plead Guilty To Criminal Charges
U.S. Attorney Damian Williams announced Wednesday that Sam Bankman-ex-girlfriend Fried’s and the co-founder of FTX have both pleaded guilty to criminal crimes and are working with authorities.
Caroline Ellison, CEO of Bankman-privately Fried’s held hedge fund Alameda Research, and Gary Wang, co-founder of FTX, both pleaded guilty earlier this week, according to recently disclosed court records.
According to court documents, Ellison pleaded guilty to conspiracy to commit wire fraud on FTX customers, wire fraud on FTX customers, conspiracy to commit wire fraud on Alameda Research lenders and wire fraud on Alameda Research lenders, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, and conspiracy to commit money laundering.
According to the court filings, Wang pleaded guilty to four counts: conspiracy to commit wire fraud on FTX customers, conspiracy to commit wire fraud on FTX customers, conspiracy to commit commodities fraud, and conspiracy to commit securities fraud. He might spend up to 50 years behind bars.
Ellison and Wang were also accused by the Securities and Exchange Commission “for their roles in a multiyear plan to mislead equity investors in FTX,” according to a press statement.
1) I still do not have access to much of my data — professional or personal. So there is a limit to what I will be able to say, and I won’t be as helpful as I’d like.
But as the committee still thinks it would be useful, I am willing to testify on the 13th. https://t.co/KR34BsNaG1
— SBF (@SBF_FTX) December 9, 2022
Gary has admitted guilt and takes his responsibilities as a cooperating witness seriously, according to a statement from Wang’s attorney, Fried, Frank, Harris, Shriver & Jacobson LLP partner Ilan Graff.
After departing from the Bahamas on a government jet bound for New York, where he is scheduled to be arraigned on an eight-count indictment accusing him of orchestrating one of the worst financial scams in American history, word of the guilty pleas and cooperation agreements came to light. Follow Digitalnewsexpert.com for more updates.
