When Caroline Ellison strode into court this week to testify against one-time romantic and business partner Sam Bankman-Fried, I felt several things as a woman who has built a company in the same industry. The first was that I had made a mistake on passing on that lovely YSL jacket Ellison was sporting for the trial.
My next thought was a more serious one: Until the collapse of the rotten FTX empire, Ellison—the former CEO of Bankman-Fried’s hedge fund, Alameda Research—had been one of the few, the proud, the women in cryptocurrency with an executive title. My running joke used to be “there are women in crypto—the problem is that I know them all.”
