Caroline Ellison, the tech executive who ran Sam Bankman-Fried 's hedge fund while sometimes dating him, testified Tuesday that he directed her to commit crimes before his cryptocurrency empire collapsed last November. She also revealed that her former boss and boyfriend thought he might be U.S. president someday.
In this courtroom sketch, Caroline Ellison testifies in Manhattan federal court, Tuesday, Oct. 10, 2023, in New York.
Repeatedly, Ellison made clear that Bankman-Fried was behind the biggest financial moves in his companies, to the point that bitcoins he created were sometimes called “Sam’s coins.” The appearance of Bankman-Fried, who sat at a table among his lawyers, has changed dramatically in recent months as he has lost weight and trimmed his well-known wild coif into a tightly cropped look more traditional among financial professionals.
Bankman-Fried has been jailed since August, when Judge Lewis A. Kaplan concluded that he had tried to influence Ellison and other potential trial witnesses and could no longer be trusted to await trial under a $250 million bond and confinement to his parent’s Palo Alto, California, home.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Read more »
Sam Bankman-Fried Trial: Top Deputy, Ex-Girlfriend Caroline Ellison Star WitnessFTX founder Sam Bankman-Fried is about to go on trial for fraud and conspiracy charges after the collapse of his crypto empire last year. WSJ’s Alexander Osipovich breaks down what happened to FTX and what to look for as the trial unfolds. Photo Illustration: Annie Zhao
Read more »
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.
Read more »
Sam Bankman-Fried trial: former Alameda CEO Caroline Ellison to testifyThe U.S. Department of Justice said that Ellison’s personal memos, which include diary entries, will most likely be used as evidence against Bankman-Fried.
Read more »
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.
Read more »
Who is Caroline Ellison, a key witness testifying against Sam Bankman-Fried?Who is Caroline Ellison, a key witness testifying against Sam Bankman-Fried?
Read more »