Caroline Ellison's Testimony Reveals Alarming State of Dread and Fraud in Bankman-Fried Trial

Caroline Ellison, the star witness in the criminal trial of Sam Bankman-Fried, testified that Bankman-Fried directed her to commit fraud and steal $10 billion from FTX's customers to repay loans. Ellison, Bankman-Fried's ex-girlfriend and former CEO of Alameda Research, testified under a plea deal with the government after pleading guilty to fraud charges. Bankman-Fried, a former crypto titan, is facing federal charges including wire fraud, securities fraud, and money laundering. His defense attorneys are cross-examining Ellison, who is at the center of the prosecution's case, in an attempt to challenge her credibility.