The prosecution's star witness in the criminal fraud trial of FTX co-founder Sam Bankman-Fried said Alameda Research took “around $14 billion” from clients.
Caroline Ellison, former CEO of Alameda Research, pointed to former boss and ex-boyfriend Sam Bankman-Fried as the person who called the shots at defunct crypto exchange FTX as well as her related company.
The prosecution’s star witness, once one of Bankman-Fried’s closest deputies, is expected to continue testifying on Wednesday. Here are five takeaways from Tuesday’s testimony.
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SBF's ex-girlfriend Caroline Ellison takes the stand as government's star witnessCaroline Ellison is expected to take the stand in Sam Bankman-Fried criminal trial on Tuesday.
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LIVE: Caroline Ellison, Ex-Alameda CEO and SBF's Ex, Takes the StandDanny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.
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Caroline Ellison tells court that SBF directed her to commit crimesFormer Alameda Research CEO Caroline Ellison said Sam Bankman-Fried directed her to commit crimes that eventually led to their downfall.
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SBF Trial Today: Live Updates as Caroline Ellison Takes the StandFormer Alameda Research CEO Caroline Ellison is set to testify today at Sam Bankman-Fried's fraud trial over the failure of crypto firm FTX. Wall Street Journal reporters will bring you live updates.
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Ex-FTX exec Ellison testifies Sam Bankman-Fried directed her to commit crimesEllison says SBF thought he could become president of U.S. someday
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Sam Bankman-Fried 'directed me' to commit fraud, former FTX executive Caroline Ellison saysCaroline Ellison takes the stand to testify against the former FTX co-founder as the high-profile case enters a second week.
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