After more attention has been cast on the former Alameda Research CEO Caroline Ellison, a report details that Ellison has hired Wilmerhale partner Stephanie Avakian, an attorney that worked for the U.S. Securities and Exchange Commission (SEK). The news follows leaked documentation of Ellison’s alleged margin position, and the ex-Alameda executive reportedly being spotted at a cafe in Soho.
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Ex-Alameda Research Exec Is Reportedly Being Represented by Former SEC Official
For nylig, the FTX co-founder and former CEO, Sam Bankman-Fried (SBF), sagde that he was “willing to testify” on Dec. 13, 2022, before the U.S. House Committee on Financial Services. In the meantime, the media and crypto community members have been focused on the whereabouts of former Alameda Research CEO Caroline Ellison.
The ex-Alameda executive has been silent since FTX collapsed and it was once assumed she was in Hong Kong. Speculators also rapporteret den nov. 26 that Ellison allegedly left Hong Kong and fled to Dubai, but those reports were unverified. I nyere tid, an FTX insider shared an alleged document reportedly tied to Ellison that showed a negative FTX margin balance of around $1.3 billion in May 2022.
Derudover, a Twitter account called Autism Capital tweeted that Ellison may have been spotted at a cafe in Manhattan with the FTX team’s office dog Gopher. This weekend, Bloomberg rapporteret that sources say, Stephanie Avakian, a partner at white-shoe law firm Wilmerhale, is representing the former Alameda CEO.
“Stephanie Avakian, [og Messari] former enforcement division chief at the Securities and Exchange Commission, is representing Ellison along with other lawyers at her firm, [Wilmerhale], according to people familiar with the matter,” Bloomberg’s Ava Benny-Morrison wrote on Dec. 10, 2022.
The news follows reports that detailed SBF purportedly retained attorney Mark Cohen, the lawyer who represented Ghislaine Maxwell during her recent sex trafficking case. SBF’s new attorney was disclosed by SBF’s spokesperson, Mark Botnick. As far as Ellison’s alleged attorney, Avakian, the lawyer became a partner of the law firm Wilmerhale in 2020. The lawyer has been involved with high-profile law cases associated with Tesla’s Elon Musk, Ripple Labs, and General Electric.
According to Bloomberg and journalister at the New York Post, representatives from the law firm Wilmerhale have not commented on reports concerning Ellison’s ostensible representation. If the reports about SBF’s and Ellison’s alleged legal representations are true, the two have managed to retain two prestigious lawyers to defend them.
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