A look at Caroline Ellison's motivations in the FTX fraud, including her relationship with SBF; the judge said he had “never seen” a cooperator like Ellison
The story of Sam Bankman-Fried was obvious enough: a Shakespearean level of arrogance that led to tragedy.
SBF testifies that he only understood “pieces” of his companies' full financial state and was “very surprised” by FTX's $8B balance-sheet hole in October 2022
Bankman-Fried Testifies About FTX's Operations and Alameda The Block : SBF paints alternative view of his knowledge of the Fiat@ account in court Vinicius Barbosa / Finbold : FTX founder knew ‘basical...
In five hours of cross-examination, SBF's lawyers did not elicit any revelations or inconsistencies from Caroline Ellison, who said SBF made “terrible mistakes”
Mr. Bankman-Fried's lawyers sought to poke holes in Ms. Ellison's testimony, but her account remained largely consistent.
US v. SBF: Caroline Ellison says SBF asked her to make false balance sheets to hide debt, he considered offering FTX shares to the Saudi crown prince, and more
Caroline testified that SBF ordered her to use FTX customer funds to cover up for Alameda's losses — and to lie to lenders about it. She was in a “constant state of dread” about the looming liquidity...
At SBF's trial, the personal dynamics between him and his friends are a vital component of the case, making clear how much his inner circle has turned on him
The FTX founder's criminal trial has made clear just how much his inner circle has turned against him. X: @lylepratt , @jespow , @bradydale , @runnerxbt , @zekefaux , @ritwik_priya , @andrewrchow , @r...
Caroline Ellison testifies that SBF “directed” her to commit crimes, like using FTX client funds for Alameda Research's venture investments and loan repayments
Ms. Ellison, who also dated Mr. Bankman-Fried, is the government's star witness in the criminal fraud trial of the founder of the FTX crypto exchange.
Day two of Caroline Ellison's testimony: “stressed out” by Alameda losses, Alameda borrowed $13B from FTX users by June 2022, and $5B loaned to FTX executives
- Ellison takes witness stand for second day at SBF trial — Prosecutors look at events from 2022 when crypto prices fell
A US judge revokes SBF's bail after the DOJ accused him of tampering with witnesses, such as by sharing former Alameda CEO Caroline Ellison's diary with the NYT
I just left a dramatic, emotional courtroom hearing at US District Court in Manhattan. Sam Bankman-Fried has been ordered to jail. @verge : SBF was free on $250 million bail, but using a VPN to watch ...
Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX
bond packages only require around 10-15% of the total amount to be paid. Teflon Tom / @agrizzi8 : This case offers an insight into the world of crypto. Rather than accidental, the fraud and other crim...
In his NYT interview, SBF gave few straight answers while admitting to gross errors, denying claims of fraud, and claiming he “didn't knowingly commingle funds”
You hold customers' funds and don't do ANYTHING with them except hold them. When your customers ask for them back you give it to them - immediately. https://twitter.com/... @cmsintern : Intern notes f...