Newly obtained diary entries reveal her struggles working with ex-boyfriend Sam Bankman-Fried as their crypto fraud went down.
But it was not all fun and games for Caroline Ellison, the ex-girlfriend of Bankman-Fried. Ellison once ran Alameda, the hedge fund connected to FTX, which Bankman-Fried allegedly funneled customer cash into in an attempt to keep FTX solvent. According to entries in her diary and Google documents obtained by the“I have been feeling pretty unhappy and overwhelmed with my job,” Ellison wrote in a Google doc in February 2022.
In an April 2022 Google doc addressed to Bankman-Fried, she wrote that their break-up had “significantly decreased my excitement about Alameda.” Working together “felt too associated with you in a way that was painful,” she wrote, adding that it was difficult “hearing people talk about how great you are all the time.”
That praise for Bankman-Fried wouldn’t last much longer. When the crypto market tanked in May 2022, he allegedly initiated aof $10 billion from FTX to Alameda to prop up the hedge fund after it lost billions in risky bets. As the collapse of FTX was underway, Bankman-Fried still managed to slight Ellison. Last fall, he thought about closing Alameda and invested over $400 million in a
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Ex-Alameda CEO Caroline Ellison's Google Docs Diary Exposes Struggles Prior to FTX Collapse – Bitcoin NewsAfter her breakup with Sam Bankman-Fried, FTX co-founder, her enthusiasm for Alameda 'significantly decreased.'
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