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Caroline Ellison Hires SEC’s Former Top Crypto Cop for FTX probe

  • Former NY federal prosecutor also on ex-Alameda CEO’s case
  • Avakian also oversaw case against blockchain firm Ripple Labs
Stephanie Avakian
Stephanie AvakianPhotographer: Zach Gibson/Getty Images

Ex-Alameda Research CEO Caroline Ellison has hired a former SEC official who oversaw many of the regulator’s biggest crypto cases as her lawyer in the federal probe into cryptocurrency exchange FTX’s calamitous collapse. 

Stephanie Avakian, 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.  

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