After confessing to seven counts
, including fraud, Caroline Ellison could face up to 110 years in prison. Yet, one pressing question might linger unanswered: Who is she at her core? A savvy swindler who couldn't protect her amassed billions? Or a gullible math whiz manipulated by a romantic partner?
Caroline spent her early years on the outskirts of Boston. Source: boston.com
The digital realm offers scant details about Caroline Ellison. Most portrayals in the media rely on anecdotes from schoolmates and connections from her past. These recollections, frequently anonymous, sketch an image of a quiet, introverted, and perhaps unassuming nerd who, due to her mathematical brilliance, was metaphorically “plucking stars from the sky.” Those familiar with a younger Caroline grapple with the notion of her missteps.
Caroline once held the presidency of a team participating in the Greater Boston Math League. Source: boston.com
From her earliest days, Caroline Ellison showed remarkable intelligence. Introduced to the world of Harry Potter by her parents at the age of three, she independently tackled the second book by five. She possessed a broad spectrum of interests, with mathematics at the forefront. For several years, Caroline spearheaded her middle school's math team in a Boston suburb. Beyond her academic prowess, Ellison showcased her talents on the cello and the ski slopes. In 2016, she graduated from Stanford University, securing a bachelor's degree in mathematics. Impressively, for three years running, she was listed among the top 500 math students across U.S. and Canadian universities.
Undoubtedly, Caroline's early multifaceted growth was heavily influenced by her parents. In 1994, coinciding with Caroline's birth, her father, Glenn Ellison, began his teaching tenure in economics at the Massachusetts Institute of Technology (MIT). Just a year later, her mother, Sara Fisher Ellison, joined the same institution's economics faculty. It seems the intellectual curiosity of her parents rubbed off on Caroline. She was delving into statistics in elementary school, and at the age of 8, she even gifted her father a study on plush toy pricing for his birthday.
Father: Glenn Ellison. Source: alum.mit.edu
Today, Caroline's parents remain immersed in their academic pursuits. Sara Fisher has ascended to the position of a senior lecturer in the field of economics. Her research interests span e-commerce and she holds expertise in the economic dynamics of the pharmaceutical sector. Her personal blog
suggests a move to Paris, filled with enticing descriptions of a new panoramic apartment, art exhibition visits, and delectable street food snapshots. This paints a picture of a woman still relishing life's offerings, undeterred by her daughter's legal challenges. Meanwhile, Glenn Ellison remains at the helm of MIT's economics department, exploring topics like game theory, economic geography, and various other scholarly areas.
Mother: Sara Fisher Ellison. Source: rendors.com
It's quite intriguing that the Ellisons are colleagues with Gary Gensler, the chairman of the U.S. Securities and Exchange Commission. This is the very agency that played a significant role in landing Caroline in legal trouble. Before taking the reins of the Commission, Gensler was a seasoned professor at MIT's Sloan School of Management, focusing on Global Economics and Management. While there's no direct evidence that the Ellisons and Gensler were tight-knit, common sense suggests that individuals teaching in related fields at the same institution likely know each other quite well. This connection adds another layer to the unfolding story of FTX/Alameda Research's bankruptcy, doesn't it?
The nature of Caroline Ellison's relationship with Sam Bankman-Fried also raises eyebrows. Their relationship doesn't seem to fit the typical romantic narrative. Rumor has it that about ten of the top executives from FTX and Alameda Research were in intertwined relationships and shared a home in the Bahamas. A tweet from an unverified account linked to Caroline hints at a collective inclination towards narcotics within this group.
“Nothing like regular amphetamine use to make you appreciate how dumb a lot of normal, non-medicated human experience is,” shares a user going by the moniker carolinecapital.