In a piece published on Nov. 18 by Forbes Magazine, the CEO of FTX’s affiliate company Alameda Research, Caroline Ellison, has been dubbed “Queen Caroline.”
The magazine attempts to portray Caroline Ellison in a neutral light by simply calling her “a math whiz who loves Harry Potter and taking big risks.” The magazine paints her as “a new darling of the alt-right,” which many are simply calling false since former FTX CEO Sam Bankman-Fried and the FTX establishment have allegedly been known as the second-largest donor to the Democrats after billionaire George Soros.
Members of the crypto community took to Twitter to express their disdain at Forbes and other mainstream media outlets for their coverage of FTX’s collapse. Bitcoin educator Dan Held shared in a tweet: “What happened with FTX wasn’t a “mistake” or “risky trade gone bad” it was outright fraud on an unprecedented scale. Insane that mainstream media isn’t slamming Caroline and SBF.”