Boing Boing

Even in scams, women still get paid less than men

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Even crypto scammers rip women off with lower wages. Caroline Ellison, the CEO of the notorious Alameda Research, was paid at least 75% less than the scammers who were men. Compared to her former boyfriend and co-conspirator Samuel Bankman-Fried's $2.2 billion her paltry $6 million haul in the whole FTX debacle is insulting. All the other male conspirators were paid a lot more.

Yahoo:

Caroline Ellison, the former Alameda CEO who has pleaded guilty to seven criminal charges, received $6 million from the crypto-trading firm – a fraction of the billions paid to Sam Bankman-Fried, court filings reviewed by Insider show.

Ellison, the company's only female executive, received about 75% less in payments than her male counterparts.

Bankman-Fried, who resigned as FTX CEO amid the bankruptcy, transferred a total of $2.2 billion to his personal account, while $587 million went to Nishad Singh, FTX's former director of engineering, and $246 million went to Zixiao "Gary" Wang, Bankman-Fried's cofounder.

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