FTX, once the second largest crypto exchange in the world, collapsed into a $32 billion pile of risky bets and worthless tokens that the former Enron attorney who has taken over FTX said is the biggest “failure of corporate controls” he’s seen in his career. In 2021, Caroline Ellison, the CEO of Alameda Research who oversaw crypto traders allegedly playing roulette with billions of FTX’s customer funds, was asked if she had any advice for her younger self. Before she found herself at the center of crypto’s most massive meltdown, Caroline Ellison was a star student. She was a Harry Potterhead. She was a camp counselor. She was a writer of live action role playing scenes. Do you think that Caroline Ellison is smart but not good in Crypto trading and so was the mess ?
