The unbelievably fast world of Caroline Ellison where 'someone suggests something' then 'an hour later and it's already happened'

When she left her job on Wall Street to join Sam Bankman- Fried at Alameda Research, she took a "blind leap into the unknown."

Ellison left her job at Jane Street Capital around the same time as Bankman-Fried founded Alameda Research. The Wall Street Journal reported that Ellison said that the environment of the company was different than her job on Wall Street.

She said that the process for doing things was just someone suggesting something and then someone coding it up and releasing it. It happened an hour later.

The Wall Street Journal reported that Ellison was fired by the bankruptcryptocurrencies exchange on Friday.

Bankman-Fried's FTX Group, including Alameda, failed to get emergency funding and went bankrupt. According to a Sunday report, the crypto empire owes more than $3 billion to 50 of its biggestUnsecured Creditors.

The biggest creditor is owed more than $226 million, while the rest of the customers are each owed at least $21 million, according to a report.

Ellison explained her decision to follow Bankman-Fried on his endeavors and their shared sentiment of "effective altruism" that led to the creation of the Future Fund, formed to make grants to nonprofits and investments in socially impactful companies.

Critics of the practice say that it encourages excessive risk taking.

Ellison said that effective altruism is trying to do the most good you can and using expected value to measure that good.

After explaining effective altruism, Ellison was asked if she planned to save money for retirement.

Ellison said he was not thinking a lot about that. I don't think it makes sense to be concerned about saving. I will likely make more money in the future.

As a result of the collapse of FTX, her April 2021.