Read in full: SEC v. Caroline Ellison and Zixiao "Gary" Wang

Feature Image: The tweet where Caroline gave away her floor price to CZ after the leaked Alameda balance sheet.

Case Number: 1:22-cv-10794

Plaintiffs: Securities and Exchange Commission (the “Commission”)

Defendants: Caroline Ellison (“Ellison”) and Zixiao “Gary” Wang (“Wang”)

Filing Date: Dec 21, 2022

Location: US District Court, Southern District of New York

Filer: Jorge G. Tenreiro, David L. Hirsch (not admitted in SDNY), Ladan F. Stewart, Amy Harman Burkart, David J. D'Addio - Attorneys for the Plaintiff

TABLE OF LINKS

I - Complaint and Summary

II - Violations

III - Nature of the Proceeding and Relief sought

IV - Jurisdiction and Venue

V - Defendants

VI - Relevant Parties and Entities

VII - Facts Part A: Bankman-Fried, Actively Supported by Defendants, Created a Complex Web of Entities, with FTX and Alameda at Its Center

VIII - Facts Part B: Defendants Used Alameda to Carry Out the Fraudulent Scheme

IX - Facts Part C: Defendants Knew that FTX Had Poor Controls and Deeply Inadequate Risk Management Procedures, in Stark Contrast to Bankman-Fried’s Claims that It Was a Mature, Conservative Company

X - Facts Part D: Despite the Precarious Financial Position of FTX and Alameda, Bankman- Fried and Ellison Continued to Use FTX Customer Assets in the Summer of 2022, Including to Rescue Distressed Crypto Firms and to Further Mislead Investors

XI - Facts Part E: Even as the Scheme Was Spiraling Out of Control, Bankman-Fried and Ellison, with Wang’s Knowledge, Continued to Mislead Investors and the Public About FTX’s True Financial Condition.

XII - Claims for Relief and Jury Demand

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This court case 1:22-cv-10794 retrieved on Dec 21 2022, is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction.