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 threadMartha HowellDec 22, 2022
@nitashatiku Everyone powerful seems to be in bed with everyone powerful. Then they wonder why we feel like the system is rigged.
Show threadEel-on-Mollusk
@MHowell @nitashatiku I mean sure, but how is that relevant here? She hired a lawyer who knew her stuff.
Dec 24, 2022 at 10:00pmWeb