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Government Corruption
Bankman-Fried's ex-girlfriend and FTX co-founder plead guilty to fraud charges
2022-12-23
[NYPOST] The ex-girlfriend of disgraced crypto mogul Sam Bankman-Fried and a co-founder of FTX pleaded guilty to fraud charges in the collapse of the cryptocurrency exchange and are both cooperating with federal prosecutors, officials announced Wednesday night.

Caroline Ellison, the former CEO of Bankman-Fried’s crypto hedge fund company Alameda Research, and Gary Want, a co-founder of FTX, pleaded guilty to the criminal offenses before Bankman-Fried landed back in New York to face his own charges, Manhattan US Attorney Damian Williams said in a Wednesday night statement.

The charges filed against the pair were "in connection with their roles in the frauds that contributed to FTX’s collapse," Williams said.

"Both Ms. Ellison and Mr. Wang have plead guilty to those charges and they are both cooperating with the Southern District of New York."

News of the charges came after Bahamian authorities handed Bankman-Fried over to FBI custody. He was flown back to New York Wednesday night and will appear in front of a federal judge "as soon as possible," the US attorney said.
Related:
Caroline Ellison: 2022-12-14 Founder of FTX Crypto Exchange Arrested
Caroline Ellison: 2022-11-12 Sam Bankman-Fried's crypto empire ‘was run by a gang of kids in the Bahamas' who all dated each other
Posted by:Fred

#8   He said everything you needed to know about everything could be explained by math.

Translate that as everything he thought worth thinking about, which isn’t even on the same planet as everything. Ditto for science, which only addresses the physically testable.
Posted by: trailing wife   2022-12-23 21:42  

#7  She’ll be preparing the guard’s taxes.
Posted by: Super Hose   2022-12-23 16:49  

#6  Had a brilliant friend who was getting a math degree. He said everything you needed to know about everything could be explained by math.

I knew that was bullshit way back then.
Posted by: M. Murcek    2022-12-23 13:58  

#5  "I'm a math genius."

"So?"
Posted by: M. Murcek    2022-12-23 13:36  

#4  All these "math nerds" never studied the prisoner's dilemma.
Posted by: M. Murcek    2022-12-23 13:34  

#3  If someone has to take the fall, and it comes down to me or you, It's gonna be you.
Posted by: ed in texas   2022-12-23 13:32  

#2  Proof that being "good at math" isn't a cure-all.
Posted by: M. Murcek    2022-12-23 11:01  

#1  Someone else said it: Caroline Ellison looks like she always was the caterpillar in her school plays

Posted by: Frank G   2022-12-23 10:47  

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