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Caroline Ellison is the CEO of Alameda Research, a quantitative trading firm founded by Sam Bankman-Fried.
There's no indication that Ellison did anything illegal, and it's not clear which role she played in the use of FTX customer funds, if any, but she doesn't seem to have had a huge amount of experience prior to running a firm with an alleged $10bn of money sloshing around.
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Naw, this is good. Crypto people invested in this and worse, and deserve everything they get.
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At this point cryptostrags have to be masochists, they’ve been dealt L after L for half a year+ now and will still let the latest scam artist shit in their mouth
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