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FTX insider Caroline Ellison has been moved out of prison (businessinsider.com)
58 points by harambae 1 day ago | hide | past | favorite | 36 comments




Is it deliberate that I've never seen a media outlet publish a flattering photo of her?

That said, when the movie is inevitably released they'll probably cast Scarlett Johansson or Cailee Spaeny as her.


Nearly all of the photos of her I can find are of her walking to and from a car. The others (which were very few and only one of which I thought was a good photo) seem like social media pics that news agencies probably couldn't publish. That does make more challenging to get a good picture of her, but I have a hard time believing they couldn't have done better that the one at the top of the article. It's particularly bad.

just looks like a normal person who is not posing for a photo, not some influencer

To me it looks like when you take a bunch of pictures while someone is talking and some of them look extremely awkward because their mouth in a weird shape.

This one is NOT normal person not posing. This one happen to be "exaggeratedly surprised face expression" phote.

That's just how she looks. Hence all the "pin the weasel" mockery.

Some people are just not aesthetically pleasing.

literally my first thought every time I read an article about her. She's either the least photogenic person ever, or this is intentional.

Perhaps she is just unattractive…

there are some but they required this amount of processing https://www.bostonglobe.com/2022/12/06/business/caroline-ell...

So you can always get away with fraud?

She's still serving her sentence. Just not in prison.

As for why it is so short, that's her reward for helping them get SBF.


What's amazing is that they needed her help.

There's a reason SBF was arrested and tried within a year while other complex financial fraud cases take years to get a conviction.

Dec 11, 2008: Madoff arrested; scheme revealed.

March 12, 2009: Madoff pleads guilty to 11 federal felonies.

June 29, 2009: Sentenced to 150 years in prison and ordered to forfeit $17.179 billion.


In Madoff's case, he confessed to his sons. So again, this was a case of an insider having the goods, not the result of a speedy investigation.

Your timeline is correct, but once Madoff was confronted he just confessed and everything moved forward.

I mean yeah Madoff confessed and made the case open and shut.

SBF entered a Not Guilty plea but Ellison for all intents and purposes entered a Guilty plea on his behalf with her co-operation.


She also had no choice, as SBF was blaming her. The point being that they still didn't really need her help. It was obvious that he committed fraud, and there was plenty of proof of it.

Well it was het fund that lost customers money

I mean, the guy was constantly high on nootropics and they had no idea what actual investments FTX made. I'd imagine most of the time was just spent untangling that web, his case was more or less a slam dunk.

Curious how much of her ill-gotten gains she will keep.

The interesting question is, will her career/business ventures suffer from here onwards?

Hopefully people recognize that while SBF lost a bunch of money on one poor investment (her), Ellison lost a bunch of money on many poor investments.

She's probably doomed in traditional investment circles but there's always crypto!


It's hard to keep up a skin care routine in the can.

At the end of the day she and the other members of the board who took the plea bargain are basically keeping most of the money, right?

I know I'm basically in conspiracy territory here, but I can't stop thinking this was planned well beforehand and SBF was just the biggest moron they could find as the fall guy. Like, if what they say about him is remotely true they could've planned everything while he was playing LoL during meetings or something.


[flagged]


This seems such a bizarre statement to make about Europeans, which isn’t…in anyway true? Europeans start working straight out of school, college, or university same as the US?

At leas in some European countries there was quite a tradition of studying for long amounts of time, like 6 or so. Add a PhD, military service and long high school and you end up with 19+2+6+3=30. No gap year etc.

We're talking low 1-digit percents here. The "tradition" of PhDs is a niche one.

It comes from experience, I know quite a few people who got their first job after 30. You study, you take the gap year, you study some more.

Many people become professional students when high education is free. This problem isn't exclusive to Europe, but less common in the US.

In Latin America, many people take on masters and PhD while living with their parents. You are often seen as smarter than the idiot who's working.


> In Latin America, many people take on masters and PhD while living with their parents. You are often seen as smarter than the idiot who's working.

In Latin America a very small minority of young people even get to go to a proper academic institution and not just a quasi-degree mill college. For those going to somewhat reputable institutions with post-tertiary programs it's another small minority that gets to a masters degree, with even fewer getting into a doctorate track...

Quantify "many people" because it's absolute bullshit it's any kind of representative cohort of the population with the means to achieve this.


Beautifully lampooned in "In The Loop" when the US Assistant Secretary of State fobs the UK Director of Communications off with one of his 'top guys'.

MALCOLM I’ve just had a briefing from a 9-year old child... His f*ing briefing notes were written in Alphabetti Spaghetti. When I left I nearly tripped over his umbilical cord.

LINTON I’m sorry if it troubles you that our people achieve excellence at a young age... By the way, your prime minister informs me that he’s tasked you with collating some fresh British intel for us.

MALCOLM Yeah, apparently your f*ing master race of gifted toddlers can’t quit get the job done in between breast feeds and playing with their power rangers.


She's hardly the average person, is she? High IQ enough to get a job at Jane Street and then constantly swimming in these elite networks at Stanford, Jane Street and whatever that weird EA thing is supposed to be.

If you do a BSc in Math in Europe and you have some olympiad creds, you have a good shot of joining Optiver or similar, and go from there.


I know, it's not meant to be a deep observation. Rather the "some start drinking at 21 while others already quit by then" kind of situation.

From being one of the richest men, to being sold to a lifetime of prison by your mid gf. What a wild ride!



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