Caroline Ellison: ‘Sam was the one’ who caused FTX collapse
Thursday, 12 October 2023 Caroline Ellison, the former CEO of Alameda Research, testified in the fraud trial of FTX co-founder Sam Bankman-Fried that he asked her to create false balance sheets to hide the company's massive debt to FTX. Ellison, who pleaded guilty to fraud, said Bankman-Fried's adherence to the Effective Altruism movement justified actions like lying and stealing.
FTX Founder Testifies , About Alameda Research , Concerns Prior to Collapse.
ABC reports that Sam Bankman-Fried testified that he
expressed concerns Alameda Research could become
insolvent four..
Credit: Wibbitz Top Stories Duration: 01:31Published
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Thursday, 12 October 2023
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