In emotional testimony, Sam Bankman-Fried's former girlfriend blamed the FTX co-founder for justifying illegal activity.
Sam Bankman-Fried's former top executive for his crypto hedge fund says the collapse of FTX left her feeling 'relief that I didn't have to lie anymore.'In emotional testimony in Manhattan federal court on Wednesday, Caroline Ellison blamed Bankman-Fried for crafting justifications for conduct that was wrong and illegal.
'I didn't really want to be dishonest, but I also didn't want them to know the truth,' the 28-year-old said.Ellison said in years past, she never would have thought she'd be sending phony balance sheets to lenders or misallocating customer money, 'but I think it became something I became more comfortable with as I was working there.
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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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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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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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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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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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