{"id":11847,"date":"2023-10-13T15:38:53","date_gmt":"2023-10-13T13:38:53","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/10\/13\/caroline-ellisons-testimony-against-sam-bankman-fried-five-key-takeaways\/"},"modified":"2023-10-13T15:38:53","modified_gmt":"2023-10-13T13:38:53","slug":"caroline-ellisons-testimony-against-sam-bankman-fried-five-key-takeaways","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/10\/13\/caroline-ellisons-testimony-against-sam-bankman-fried-five-key-takeaways\/","title":{"rendered":"Caroline Ellison\u2019s testimony against Sam Bankman-Fried: five key takeaways"},"content":{"rendered":"<p>The former Alameda CEO offered stunning testimony against her ex-boyfriend and failed crypto mogul being tried for fraud<\/p>\n<p>In the second week of FTX founder <a href=\"https:\/\/www.theguardian.com\/business\/sam-bankman-fried\">Sam Bankman-Fried<\/a>\u2019s <a href=\"https:\/\/www.theguardian.com\/business\/2023\/oct\/04\/sbf-trial-jury-selection\">crypto fraud trial<\/a>, Manhattan federal prosecutors called their <a href=\"https:\/\/www.theguardian.com\/business\/2023\/oct\/11\/caroline-ellison-testimony-sam-bankman-fried-trial\">star witness<\/a> to the stand: former Alameda Research CEO <a href=\"https:\/\/www.theguardian.com\/business\/2023\/oct\/12\/sam-bankman-fried-ftx-trial-caroline-ellison-cross-examination\">Caroline Ellison<\/a>. She delivered stunning, detailed testimony against the failed crypto mogul.<\/p>\n<p>Over the course of three days, Ellison, also Bankman-Fried\u2019s ex-girlfriend, described her work at <a href=\"https:\/\/www.theguardian.com\/business\/ftx\">FTX<\/a>\u2019s sister hedge fund \u2013 repeatedly implicating Bankman-Fried in allegedly <a href=\"https:\/\/www.theguardian.com\/business\/2023\/sep\/30\/what-is-sam-bankman-fried-trial-for-new-york-ftx-crypto\">siphoning $10bn<\/a> in customer funds from the cryptocurrency exchange to boost Alameda after a crash in the market.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2023\/oct\/13\/caroline-ellison-testimony-sam-bankman-fried-trial-takeaways\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/c9b87eda4069f58f87fe0aba021ef94676941ab0\/0_23_6000_3600\/master\/6000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=9a43c6aa8b876f21b862c8efcb5402a7\" title=\"Caroline Ellison\u2019s testimony against Sam Bankman-Fried: five key takeaways\" \/>The former Alameda CEO offered stunning testimony against her ex-boyfriend and failed crypto mogul being tried for fraud<br \/>\nIn the second week of FTX founder Sam Bankman-Fried\u2019s crypto fraud trial, Manhattan federal prosecutors called their star witness to the stand: former Alameda Research CEO Caroline Ellison. She delivered stunning, detailed testimony against the failed crypto mogul.<br \/>\nOver the course of three days, Ellison, also Bankman-Fried\u2019s ex-girlfriend, described her work at FTX\u2019s sister hedge fund \u2013 repeatedly implicating Bankman-Fried in allegedly siphoning $10bn in customer funds from the cryptocurrency exchange to boost Alameda after a crash in the market. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The former Alameda CEO offered stunning testimony against her ex-boyfriend and failed crypto mogul being tried for fraud In the second week of FTX founder Sam Bankman-Fried\u2019s crypto fraud trial, Manhattan federal prosecutors called their star witness to the stand: former Alameda Research CEO Caroline Ellison. She delivered stunning, detailed testimony against the failed crypto &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/10\/13\/caroline-ellisons-testimony-against-sam-bankman-fried-five-key-takeaways\/\"> <span class=\"screen-reader-text\">Caroline Ellison\u2019s testimony against Sam Bankman-Fried: five key takeaways<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":11848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11847"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=11847"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11847\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/11848"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=11847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=11847"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=11847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}