13 December 2022

Maybe Flipping on SBF?


And her not-so little dog too
Caroline Ellison, the former CEO of Alameda Research, the trading arm of FTX has allegedly been spotted in New York City.

She had gone to ground, last seen in Hong Kong, with rumors suggesting that she had gone to Dubai, but it appears now that she is in New York City.

Given that she had the resources to go anywhere in the world, and fight extradition for years, if this is true, it means that she has cut, or is cutting a deal, with prosecutors:

A recent photo of what appears to be former Alameda Research CEO Caroline Ellison in a Manhattan coffee shop in New York has been making the rounds on Twitter.

On Dec. 4, two photos began circulating on Twitter, appearing to show Ellison ordering a coffee at the Ground Support Cafe in Manhattan.

Adding some weight to the possible sighting, Gopher, the Golden Doodle puppy, which is understood to be owned by FTX and Alameda execs, also seem to be in the photo next to Ellison.

Ellison’s last speculated location was Hong Kong, which was suggested in the aftermath of the FTX and Alameda implosion. At the time, a source told Cointelegraph on Nov. 12 that she was looking to flee to Dubai.

………

Some members of the community are surprised that Ellison is on U.S. soil, given the possible legal ramifications, while others have speculated that Ellison could be looking to cut a deal with authorities.

The coffee shop in question is only a short walk away from the U.S. Attorney’s Office and the New York FBI office, some have pointed out.

………

It is worth stressing, however, that 100% concrete proof that this Ellison in the photo has yet to surface. Some crypto community members have even attempted to find answers in person without any success.

Meanwhile, FTX founder Sam Bankman-Fried has been on a media tour painting his side of events by denying any intentional foul play and laying the blame on Alameda’s leadership.

It certainly seems to me that the rats are turning on each other is the most explanation.

Certainly SBF was aggressively throwing Ellison under the bus, so I would not be at all surprised if she decided to flip.

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