Prosecution’s star witness delivered stunning testimony on ex-boyfriend in her first two days on the stand – now it’s defense’s turn
On the third day of Caroline Ellison’s stunning testimony at Sam Bankman-Fried’s trial on billion-dollar fraud charges, his lawyers cast her as the true leader of Alameda Research to make a case that the fallen FTX founder wasn’t responsible for the companies’ stunning collapse.
Ellison, 28, was CEO of the hedge fund Alameda Research and Bankman-Fried’s sometimes-girlfriend, is the prosecution’s star witness at his Manhattan federal court trial. Bankman-Fried, 31, faces seven counts on fraud and conspiracy charges relating to his management of the cryptocurrency exchange FTX. He has pleaded not guilty.
About Author
More Stories
Hyundai facing legal action over car that can be stolen ‘effortlessly in seconds’
Canadian company in negotiations with Trump to mine seabed
China looks south as it seeks to reduce reliance on a capricious United States