The trial of FTX founder Sam Bankman-Fried has taken a star turn as his former fellow top executive and ex-girlfriend Caroline Ellison began testifying against him.
In this courtroom sketch, Caroline Ellison testifies in Manhattan federal court, Tuesday, Oct. 10, 2023, in New York. The former fellow top executive and ex-girlfriend of Sam Bankman-Fried, Ellison, began testifying against him, immediately blaming her former boyfriend for directing her to commit crimes before his cryptocurrency empire collapsed last November.
When she was asked to identify Bankman-Fried in the courtroom, Ellison stood at the witness stand as she scanned the courtroom for a long minute, at first unable to find him, before gesturing his way with a flip of her hand and saying he was “over there wearing a suit.” In the trial's second week, Ellison said she committed fraud, conspiracy to commit fraud and money laundering along with Bankman-Fried and others.
Bankman-Fried could face decades in prison if he is convicted of charges lodged against him when he was brought to the United StatesBankman-Fried, 31, was one of the world’s wealthiest people on paper, with an estimated net worth of $32 billion, when his cryptocurrency businesses collapsed as investors and customers sought to empty their accounts last November.
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Sam Bankman-Fried trial: Caroline Ellison, ex-girlfriend of FTX founder, to testifyBarnini Chakraborty is the senior investigations reporter at the Washington Examiner. She has previously worked at Fox News as a senior features and politics reporter. She's also worked at Fox Business as a field producer and at Dow Jones. She began her career at the Augusta Chronicle in Georgia.
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Star witness Caroline Ellison starts testimony at FTX founder Sam Bankman-Fried's trialThe trial of FTX founder Sam Bankman-Fried has taken a star turn as his former fellow top executive and ex-girlfriend Caroline Ellison began testifying against him. Ellison's highly anticipated turn on the witness stand in Manhattan federal court on Tuesday took place just before the trial broke for lunch, with Ellison blaming Bankman-Fried for crimes she admitted to last December in a cooperation deal. At one point, she was asked to identify Bankman-Fried in the courtroom. She stood up, scannin
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Star witness Caroline Ellison starts testimony at FTX founder Sam Bankman-Fried's trialThe trial of FTX founder Sam Bankman-Fried has taken a star turn as his former fellow top executive and ex-girlfriend Caroline Ellison began testifying against him.
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Caroline Ellison, star witness in prosecution of FTX head Sam Bankman-Fried, is in courtMarley Jay is a business news reporter for NBC News Digital.
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FTX's Sam Bankman-Fried's ex-Caroline Ellison to take standThe collapse of Sam Bankman-Fried's cryptocurrency exchange FTX has led to an increased focus on the role played by Alameda Research and its CEO Caroline Ellison, also SBF's former gal pal, in the firm's implosion.
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Caroline Ellison Gets Her Revenge at Sam Bankman-Fried Fraud TrialThe disgraced crypto titan tried to blame the downfall of his entire operation on his ex-girlfriend. In court on Tuesday, she did not hold back when she took the stand.
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