"Caroline Ellison and Sam Bankman-Fried's Decades of Deception Unveiled"
TL;DR Summary
Caroline Ellison, a former top adviser to cryptocurrency mogul Sam Bankman-Fried, testified in court that she had lied and circulated "dishonest" financial documents at his request, misleading lenders and the public about his businesses. Ellison, who dated Bankman-Fried on and off for years, pleaded guilty to fraud and conspiracy and is cooperating with prosecutors. Bankman-Fried is on trial for orchestrating a scheme to defraud lenders and steal billions of dollars from FTX customers. The trial has become a focal point for examining high-risk practices in the crypto industry.
Topics:top-news#alameda-research#caroline-ellison#cryptocurrencyfraud#fraud-trial#ftx#sam-bankman-fried
- Caroline Ellison Says She and Sam Bankman-Fried Lied for Years The New York Times
- Witness testifies Sam Bankman-Fried directed her to commit fraud CBS News
- Caroline Ellison recounts ‘constant state of dread’ over Alameda’s mounting debts: CNBC Crypto World CNBC Television
- Opinion | Cryptocurrencies were always just a solution in search of a problem The Washington Post
- The SBF Trial: Lawyer Explains Why Crypto Details May Be 'Dangerous' for Prosecution CoinDesk
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