The Crypto Company Collapsed, Alameda Research CEO Caroline Ellison Even Hanging Out at a Coffee Shop

JAKARTA – CEO of Alameda Research, Caroline Ellison is known to be in a coffee shop in Manhattan, New York, USA. A netizen uploaded the presence of Ellison, who was ordering coffee, through social media Twitter on December 4. This is a hot topic on social media platforms.

Alameda Research is a crypto trading company founded by FTX founder Sam Bankman-Fried. Alameda is a company led by Caroline Ellison. FTX's bankruptcy was caused by an exchange lending investor funds to Alameda Research for trading.

The trade was a loss for Alameda. The crypto trading service company was forced to sell its stablecoin holdings worth IDR 4.5 trillion and forced FTX to experience a liquidity crisis.

Not long after, on November 11, FTX filed for bankruptcy protection with the US government. After FTX's bankruptcy filing, Alameda Research's official website was suddenly switched to private mode and inaccessible to the public.

According to a tweet published by a Twitter account dubbed Autism Capital, Alameda Research's top executive may have been spotted in New York. Autism Capital wrote: "CONFIRMATION PLEASE: A user claims they saw Caroline Ellison at Ground Support Coffee on West Broad in SoHo Manhattan at 8:15 am. This means she is not in Hong Kong and is in NY not in custody."

Caroline Ellison has become a hot topic in various Twitter conversations after former FTX CEO Sam Bankman-Fried (SBF) told the press that she "doesn't run Alameda", and that she "didn't know the size of their position." This has fueled speculation that SBF threw Ellison "under the bus", and the FTX co-founder was accused of doing so during conversations on Twitter Spaces.

Earlier, on November 26, a report surfaced on social media claiming Ellison left Hong Kong and fled to Dubai, but the report has not been confirmed. Autism Capital also got confirmation of Ellison's sightings from someone behind the counter at a coffee and sandwich shop in Manhattan. "CONFIRMED: The barista behind the counter has confirmed it's Caroline", Autism Capital tweeted.

A Coffee Shop Near the New York Office of the FBI and District Attorney

Besides Ellison, the photo uploaded by the netizen also shows his Golden Doodle dog named Gopher. Apart from that, a member of Alameda Research also accompanied Ellison.

In addition, Twitter users also share a map of the location of the coffee shop. The map shows that the coffee shop is located near the District Attorney's Office and the FBI.

Since FTX went bankrupt and Alameda collapsed, Caroline Ellison has rarely appeared in public. Meanwhile, Sam Bankman-Fried actively spoke in various media and frankly discussed the condition of FTX. On the other hand, Ellison is silent about the conditions his company is facing.