
:::tip
Securities and Exchange Commission (the “Commission”) v. Caroline Ellison (“Ellison”) and Zixiao “Gary” Wang (“Wang”) Court Filing,  Dec 21 2022 is part of __[HackerNoon’s Legal PDF Series](https://hackernoon.com/u/legalpdf?ref=hackernoon.com)__. You can jump to any part in this filing [here](https://hackernoon.com/preview/LQD0VdAs9QRsXRIdugQn). This is part 6 of 12.

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**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


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## RELEVANT PARTIES AND ENTITIES

15\. **Samuel Bankman-Fried (“Bankman-Fried”)**, age 30, was a co-founder and

majority owner of FTX and, prior to stepping down on November 11, 2022, its CEO. He was also a co-founder and majority owner of Alameda. He resided in Hong Kong and The Bahamas.

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16\. **FTX Trading Ltd. (d/b/a FTX.com) (“FTX”)** is an Antigua and Barbuda limited corporation. FTX’s principal place of business was in Hong Kong and The Bahamas. FTX operated a global crypto asset trading platform and began operations in or around May 2019. FTX was available to customers in most countries, but was not permitted to provide services to customers in the United States and several other countries. FTX was founded by Bankman-Fried, Wang, and Nishad Singh (“Singh”). On or about November 11, 2022, FTX and certain of its affiliates filed Chapter 11 bankruptcy petitions in the United States Bankruptcy Court for the District of Delaware, Case No. 22-11068 (Bankr. Del.).

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17\. **Alameda Research LLC** is a Delaware company that had operations in the United States, Hong Kong, and The Bahamas. Alameda Research LLC and its subsidiaries, including Alameda Research Ltd., are collectively referred to herein as “Alameda.” Alameda was a quantitative trading firm specializing in crypto assets (a “crypto hedge fund”). Bankman- Fried and Wang co-founded Alameda in or around October 2017, and, prior to Alameda’s bankruptcy filing, had been its sole equity owners, with Bankman-Fried owning 90%, and Wang owning 10%, of the company. **==Bankman-Fried was CEO of Alameda from its inception until in or around October 2021, at which time Ellison and Sam Trabucco (“Trabucco”) became co- CEOs. In or around August 2022, Ellison became the sole CEO==**. Alameda has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware, Case No. 22- 11068 (Bankr. Del.).

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:::tip
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This court case 1:22-cv-10794 [retrieved](https://www.sec.gov/litigation/complaints/2022/comp-pr2022-234.pdf) 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.

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SBF owned 90% of Alameda. He WAS Alameda's main decision maker.

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