Shocking 'Notes' Of Sam Bankman-Fried’s Girlfriend: FTX News

Also Read: Terra And Do Kwon Cite XRP Ruling As Precedent To Dismiss US SEC Lawsuit

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The FTX collapse had a blanket effect on cryptocurrency prices for over a month’s time in the last quarter of 2022, as retail and institutional investors lost millions of dollars in investments. Ellison reportedly wrote in her personal notes three months before the collapse that she was “unhappy and overwhelmed” with her job as Alameda CEO.

Caroline Ellison’s Personal Notes

The FTX management is currently fighting several lawsuits across the world over allegations of fund mismanagement. As part of the ongoing trial of Sam Bankman-Fried, prosecutors have accessed documents and notes belonging to Ellison. According to The New York Times report, the Alameda CEO felt like going home and turning off her phone to escape from the drama around FTX and Alameda Research. Ellison reportedly wrote in an online note:

“I have been feeling pretty unhappy and overwhelmed with my job. At the end of the day I can’t wait to go home and turn off my phone and have a drink and get away from it all.”

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In the months to come, Ellison will face the trial proceedings over Bankman-Fried’s charges of misusing billions of dollars of user money. The former FTX CEO is facing eight counts of fraud surrounding fund mismanagement.

Also Read: XRP News: Billionaire Novogratz Asks SEC Chair, White House To Act Right

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