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 threadSmokeyGeoDec 22, 2022
@nitashatiku anyone who has to hire a lead partner from WilmerHale and several other attorneys is in deep doo-doo and will be bankrupt shortly. Not obvious how she'll be able to pay her legal bills after criminal proceeds forfeiture
Show threadHalf Cocked Law
@smokeygeo @nitashatiku She paid her legal bills upfront. WilmerHale's white collar team doesn't take cases on credit.
Dec 22, 2022 at 6:48amWeb