Sam Bankman-Fried's Trial: Ex-Girlfriend Testifies, Lawyers Under Fire
Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, is facing his ex-girlfriend Caroline Ellison in court. Ellison, the former head of Alameda Research, testified against Bankman-Fried, accusing him of stealing billions from customers. She pleaded guilty to her involvement in the scheme, admitting that she knew it was wrong. Ellison revealed that Alameda took around $14 billion from FTX customers for investments and repaying lenders. Bankman-Fried denies all charges. The collapse of FTX, once a major crypto platform, occurred after Bankman-Fried allegedly used customer funds to buy property, make political donations, and fund Alameda's risky crypto bets. Ellison's testimony is expected to shed light on the events leading to FTX's downfall.
- Sam Bankman-Fried faces ex-girlfriend Caroline Ellison in court BBC.com
- 'Don't Do That Again': Sam Bankman-Fried's Lawyers Under Fire From Judge The New York Times
- The Places That Sam Bankman-Fried Left Behind The New York Times
- SBF TRIAL 10/10 PODCAST: Caroline Ellison Takes The Stand This Afternoon CoinDesk
- Editorial: In the world of cryptocurrencies, Sam Bankman-Fried's trial is a total nightmare Chicago Tribune
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