Caroline Ellison was the CEO of Alameda Research the trading firm founded by Sam Bankman-Fried and through which Bankman-Fried moved crypto tokens in tandem with running FTX. She oversaw many of the risky bets Alameda took with FTX customers' crypto tokens. FTX borrowed money from customer accounts to fund bets via Alameda. CoinDesk reported via anonymous sources that she was in an on-and-off relationship with SBF.