Caroline Ellison, CEO of Alameda Research, pleads guilty to seven offences
She’s the queen of wallstreetbets. I think she’ll hold the yolo record for a long time.<p>I wish we knew what the fateful market play was that sunk her ship. She mentioned she’s not a fan of stop losses, so I wonder if she went to bed with an open market position and woke up to negative three billion. Also I wonder if the entity on the other side of that trade realized they were making someone insolvent.<p>It’ll be interesting to see how long she’s sentenced for.<p>EDIT: Actually, is it possible to see who profited from her trading activity? FTX is in the hands of authorities now, and all the trading took place on it. I wonder if they could claw back some of those lost billions.