Nitasha TikuDec 22, 2022

Caroline Ellison, CEO of Alameda Research just pleaded guilty 7 counts for defrauding FTX customers. I was just looking up who her lawyer was and realized I missed this. She hired Stephanie Avakian who was at the SEC from 2016 to 2022 led a team that worked on the cases against:

-Elizabeth Holmes/Theranos
-Elon Musk for tweeting misleading statements about taking Tesla private
-Facebook for misleading investors about misusing user data
-cases against Ripple + Robinhood

https://www.businessinsider.com/caroline-ellison-hires-former-top-sec-crypto-regulator-lawyer-ftx-2022-12

Caroline Ellison hires former top SEC crypto regulator as lawyer in FTX investigation

Stephanie Avakian, the SEC's former enforcement director, led major regulatory cases against companies like Robinhood, Tesla, and Theranos.

Insider
Show threadMarvinDec 22, 2022
@nitashatiku she pleaded guilty already?
Show threadMazal ​Dec 22, 2022
@notmarvc @nitashatiku right? 😮​
Show threadMarvin
@mazal @nitashatiku saw the news. She and Gary pleaded guilty already. Interesting times ahead I guess? 😏
Dec 22, 2022 at 4:28amWeb
Show threadJenLDec 22, 2022
@notmarvc @mazal @nitashatiku Typically you only hire Wilmer to negotiate a deal (they are a revolving for of ex-government big wigs and prosecutors), if you want to fight aggressively you hire another firm.
Show threadNitasha TikuDec 22, 2022
@jelasher @notmarvc @mazal interesting. looks like that's what Caroline did!
Show threadHalf Cocked LawDec 22, 2022
@jelasher @notmarvc @mazal @nitashatiku If you want to fight aggressively, you're the last one holding the bag.
Show threadMarvinDec 22, 2022
@halfcocked @jelasher @mazal @nitashatiku i believe Carolline and Gary are snitching on Sam lol