The most anticipated witness of the trial finally told her story.
to get our latest updates on the trial and the state of the tech industry—and the rest of the day’s top stories—and support our work when you—SBF’s ex-GF, the former CEO of his Alameda Research crypto hedge fund, one of the first from his inner circle to flip.
single reporter in the media-overflow room hushed up. Right after she took the oath, the prosecutor asked her personally identify Sam Bankman-Fried; she stood up and spent a, humming and moving her shoulders, yanking on her coat flaps, before finally pinpointing her former compatriot. You couldn’t blame her for taking a beat—In case you need a refresher: Caroline Ellison is the Stanford grad who met SBF while interning at Jane Street Capital, a, in 2017.
It’s not as though Ellison now comes off as the Good Samaritan; she did carry out SBF’s directives, misrepresent Alameda’s sturdiness to its financial backers, and take bits of customer money for herself, after all. Still, it’s refreshing to hear from a woman who knew Bankman-Fried much more intimately than many, and who had a front-row seat to the non-FTX end of the “Alameda Tree,” as Ellison characterized it.
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