What do we know about Caroline Ellison and Gary Wang, the senior associates behind FTX’s downfall?

euronews.com:

In the past few weeks, Caroline Ellison has been slowly disappearing from the Internet. Her LinkedIn profile, contact details and any images have all but disappeared from the online world. She last tweeted from @carolinecapital in early November.

Why? An insurance policy, or so it would seem. She, along with FTX co-founder Gary Wang, just pleaded guilty to fraud in what is being considered crypto’s biggest downfall to date.

So what do we know about the 28-year-old CEO of cryptocurrency hedge fund Alameda Research, Ellison and the 29-year old co-founder of FTX Wang?

Here’s everything we know so far.

On Wednesday 21 December, Caroline Ellison and Gary Wang, two top executives at Sam Bankman-Fried’s crypto exchange FTX, pleaded guilty to fraud charges after it was uncovered that Alameda Research, Bankman-Fried’s crypto trading firm, borrowed money from customer accounts to fund a series of risky bets.

The sister firm, Alameda, traded heavily on FTX and is said to have profited while other customers lost money. When FTX developed the crypto token FTT, Alameda bought and sold it.

The plea comes a week after Bankman-Fried was arrested on eight charges including wire fraud and conspiracy to defraud the US.

The complaints were originally brought forwards by two federal regulatory agencies, the Securities and Exchange Commission and the Commodity Futures Trading Commission. They have now filed additional civil fraud charges against Ellison and Wang.

In the meantime, Bankman-Fried has been extradited back to the US from the Bahamas, where FTX was based. He could face up to 115 years in jail.

It’s been widely reported that Bankman-Fried, Wang and Ellison all actually lived together in a penthouse apartment on the island. There are also