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☆ Sam Bankman-Fried's lieutenant Nishad Singh said he was embarrassed by 'flashy' FTX spending
▼ + stars: | 2023-10-16 | by ( Jacob Shamsian | Katie Balevic | ) www.businessinsider.com time to read: +8 min

Singh testified at Bankman-Fried's trial that his concerns were almost always rebuffed. In Manhattan federal court Monday, Singh testified about how he frequently questioned and pushed back against Bankman-Fried's spending sprees and investment decisions — and was almost always rebuffed. "I would hear that my opinions were already factored in, and I didn't need to continue sharing them," Singh testified. Singh testified that he came to know Bankman-Fried through a friendship with the FTX founder's younger brother, Gabe Bankman-Fried. Infighting over expensesThe pair often disagreed on money, Singh testified.

Persons: Nishad Singh, Sam Bankman, Singh, —, Fried, Bill Clinton, Tony Blair, spender, Caroline Ellison, Gary Wang, Gabe Bankman, FTX, SBF, I've, Sam, Tom Brady, Gisele Bündchen, Steph Curry, Kevin O'Leary, Larry David, Jon Kopaloff, Fatih Aktas, Getty Images Singh, Michael Kives, Hillary Clinton, Katy Perry, Orlando Bloom, Ted Sarandos, Jeff Bezos, Kate Hudson, Leonardo DiCaprio, Corey Gamble, Kendall Jenner, Singh wasn't, Kris Organizations: Service, Bankman, Alameda, US Securities and Exchange Commission, University of California, Facebook, Engineering, Sequoia Capital, Yuga, Miami, Major League Baseball, of Legends, Getty Images, Anadolu Agency, K5 Global Locations: Bankman, FTX, Manhattan, Berkeley, Alameda, Bahamas, Kazakhstan, Albany

☆ Former FTX engineer tells jury about panicky rooftop meeting where he learned how bad things were
▼ + stars: | 2023-10-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +5 min

During that exchange, Singh said he learned from Wang that Alameda was borrowing $13 billion from FTX. Singh asked about the size of the shortfall, and Bankman-Fried said that was the wrong question to be asking. After Singh asked if he would finally agree to curb spending, Bankman-Fried said, "Yes, definitely." There, Singh told the jury, he thought he might quit but instead asked Bankman-Fried for a real sense of how things went on the overseas trip. Singh told the jury that he faces a max of 75 years in prison but is "hoping for no jail time."

Persons: Singh, Caroline, Fried, Caroline Ellison, Gary Wang, Nishad Singh, Sam Bankman, Nicolas Roos, I'm, wasn't, Ramnik Arora, Anthony Scaramucci, he'd, Bankman, Dawn Giel Organizations: Alameda, Alameda Research, U.S, Federal Court Locations: Bahamas, Alameda, Wang, Manhattan, FTX, New York City, New York, Bankman

☆ Sam Bankman-Fried may need a Hail Mary if he wants to win over jurors
▼ + stars: | 2023-10-16 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Nishad Singh, former director of engineering at FTX, arrives at federal court in New York on Monday. Whether or not to testify is case-dependent, and clients take a big risk in opening themselves up to cross-examination by prosecutors. The Adderall issueSam Bankman-Fried, center, has pleaded not guilty to seven federal counts of fraud and conspiracy. So he’s only getting one in the morning before he’s transferred to the courthouse and one in the evening. While they have not yet presented their case, Bankman-Fried’s lawyers have repeatedly failed to stick the landing when it comes to cross-examining the government’s witnesses.

Persons: CNN Business ’, Sam Bankman, Mary, Nishad Singh, Yuki Iwamura, wouldn’t, ”, Jordan Estes, Kramer Levin, Estes, aren’t, Hail Mary, Elizabeth Williams, Mark Cohen, he’s, Cohen, hasn’t, Fried, Bankman, ” Cohen, Caroline Ellison, you’ll Organizations: CNN Business, New York CNN, Alameda Research, Bloomberg, US Attorney’s, Hail, AP, Metropolitan Detention, of Prisons Locations: New York, Manhattan, Bankman, Alameda, FTX

☆ Secret audio, a star witness, and ‘Thai prostitutes’ complicate Sam Bankman-Fried’s defense
▼ + stars: | 2023-10-15 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

‘The ultimate insider’Caroline Ellison offered crucial testimony this week against her former boss and ex-boyfriend, Sam Bankman-Fried. Like Bankman-Fried, Ellison faces the prospect of 110 years in prison if given a maximum sentence. Bankman-Fried’s defense team cross-examined Ellison for about six hours on Thursday in a meandering, halting back-and-forth that repeatedly prompted objections from the prosecution. The secret audio recordingCaroline Ellison, former chief executive of Alameda Research, leaves federal court in Manhattan on Thursday. Statements like the ones Ellison made in the recording are known as “prior consistent statements of a witness,” Estes said.

Persons: Sam Bankman, He’s, Caroline Ellison, Fried, Jane Rosenberg, —, ”, Jordan Estes, Kramer Levin, “, SBF’s, Ellison, Gary Wang, FTX, Sam, Judge Lewis Kaplan, Mark Cohen, Stephanie Keith, Christian Drappi, “ Sam’s, ” Estes, they’ve, ’, What’s, Estes, that’s, Mary, ” Prosecutors, there’s, ’ ” Estes, you’ve Organizations: New, New York CNN, Alameda Research, Reuters, US Attorney’s, Bloomberg, Getty, Alameda, Christian, ”, CNN Locations: New York, Alameda, Bahamas, Manhattan, Hong Kong, China

Slingsby steered the Flying Roo foiling catamaran to finishes of 5-2-1 to take a one-point lead over Nicolai Sehested’s ROCKWOOL Denmark, with Spain's Diego Botin six points back in third. Britain's Sir Ben Ainslie had a rough start in his pursuit of a third straight regatta victory, going 8-10-6 to settle into ninth in the 10-boat fleet. Political Cartoons View All 1211 ImagesThe Aussies came into the regatta with a six-point lead over Ainslie and Botin in the season standings despite not having won yet this season. "Although we have been consistent and sailed well, we haven’t managed to get a win this season. She was the first woman to win a SailGP regatta when the Aussies were victorious in Cádiz in 2021.

Persons: Tom Slingsby, Cádiz, Slingsby, Nicolai Sehested’s ROCKWOOL, Spain's Diego Botin, Botin, Sir Ben Ainslie, Peter Burling, Jimmy Spithill's, Taylor Canfield, Hans Henken, it’s, Ainslie, Larry Ellison's, “ It’s, ” Slingsby, haven’t, I’ve, Nina Curtis, “, ”, Curtis, Dylan, Burling, Bernie Wilson Organizations: Team Australia, Team New Zealand, USA, America's, Program, Aussie, Kiwis, Saint, Twitter Locations: Spain, Nicolai Sehested’s ROCKWOOL Denmark, Los Angeles, Botin, San Francisco, Cádiz, Australia, Taranto, Italy

The company wants Kathaleen McCormick, chief judge on the court, to approve a fee of no more than $64 million. The attorneys represented a Detroit police union pension plan that sued Tesla's directors for excessive compensation during 2017 to 2020. Nearly all of the directors' compensation comprised stock options and they only got paid if the stock rose. The 2020 lawsuit settled in July with the directors agreeing to return to Tesla $735 million as part of a $919 million agreement. The difference in the two values boils down to the stock options.

Persons: Thomas Peter, Kathaleen McCormick, Elon Musk's, James Murdoch, Rupert Murdoch, Larry Ellison, Tesla, Tom Hals, Noeleen Walder, David Gregorio Our Organizations: REUTERS, Oracle Corp, Tesla, Detroit, Oracle, Thomson Locations: Beijing, China, WILMINGTON , Delaware, Delaware, Delaware's Court, Wilmington , Delaware

☆ Sam Bankman-Fried's defense lawyer gave a snooze-worthy cross-examination of key witness Caroline Ellison in criminal trial
▼ + stars: | 2023-10-13 | by ( Katie Balevic | Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

Their cross of Caroline Ellison, arguably the biggest witness in the case, was noticeably repetitive. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Ex-girlfriend and ex-Alameda-CEO Caroline Ellison returned to the witness stand in Manhattan federal court on Thursday for a cross-examination frequently interrupted with objections and sidebars. AdvertisementAdvertisementThe former CEO of FTX's sister company Alameda Research, Ellison pleaded guilty to seven financial fraud and conspiracy charges in December.

Persons: Sam Bankman, Caroline Ellison, —, Mark Cohen, quizzing Ellison, Ellison, Cohen, Fried, Bankman, Lewis Kaplan, Danielle Sassoon Organizations: Service, Alameda, Alameda Research, FBI Locations: Manhattan, Alameda, FTX, Bahamas

☆ Student-loan borrowers in Minnesota are getting over $17,000 in refunds after paying a company that 'falsely promised' debt relief, the state attorney general says
▼ + stars: | 2023-10-13 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Student-loan borrowers in Minnesota are getting over $17,000 in refunds through a recent settlement. The attorney general accused a company, Docupros, of pocketing illegal fees over the false promise of debt relief. It's one of the 52 companies Minnesota is investigating over potentially fraudulent behavior with borrowers. AdvertisementAdvertisementAnother day, another settlement for student-loan borrowers. Along with Ellison's efforts, government agencies have been scrutinizing companies that are misleading borrowers into unnecessarily paying for debt relief services.

Persons: —, Keith Ellison, Docupros, Ellison Organizations: Service, Minnesota, Federal Trade Commission, Justice Department, Consumer Financial Protection Bureau, Education Department Locations: Minnesota, California

☆ SBF’s Behavior in Court Gets Called Out
▼ + stars: | 2023-10-12 | by ( ) www.wsj.com time to read: 1 min

Caroline Ellison is questioned in court as Sam Bankman-Fried watches during his fraud trial before U.S. District Judge Lewis Kaplan. (Jane Rosenberg/Reuters)In a sidebar during the trial Wednesday, a federal prosecutor complained about Sam Bankman-Fried's behavior during Caroline Ellison's testimony, saying it might have a visible effect on her. "The defendant has laughed, visibly shaken his head, and scoffed," said Assistant U.S. Attorney Danielle Sassoon. The prosecutor added that he had a history of intimidating Ellison, who dated Bankman-Fried on and off over two years.

Persons: Caroline Ellison, Sam Bankman, Fried, District Judge Lewis Kaplan, Jane Rosenberg, Caroline Ellison's, Danielle Sassoon, Ellison Organizations: U.S, District

Bankman-Fried has pleaded not guilty to charges of stealing billions of dollars from customers at his now-defunct FTX cryptocurrency exchange. "He didn't think rules like 'don't lie' or 'don't steal' fit in to that framework," said Ellison, who ran Bankman-Fried's crypto-focused hedge fund Alameda Research. Ellison said Bankman-Fried asked her to falsify Alameda's financial statements to keep lenders at bay amid a downturn in cryptocurrency markets in 2022. BANKMAN-FRIED THOUGHT HE COULD BECOME U.S. PRESIDENTBankman-Fried was "very ambitious," Ellison said, adding that he "thought there was a 5% chance he would become president some day." Prosecutors have said that Bankman-Fried used customer funds as he pleased, and that the resulting shortfall caused FTX's collapse.

Persons: Caroline Ellison, Sam Bankman, Fried, Ellison, Bankman, Prosecutors, ELLISON Ellison, Jody Godoy, Luc Cohen, Noeleen Walder, Matthew Lewis Organizations: Alameda, Federal Court, Reuters, REUTERS Acquire, Alameda Research, Toyota Corolla, Prosecutors, Thomson Locations: New York City, U.S, Alameda, Bahamas, FTX, Binance, China, New York

☆ Caroline Ellison says she wasn't an ambitious person until she met Sam Bankman-Fried
▼ + stars: | 2023-10-12 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Caroline Ellison, former chief executive officer of Alameda Research LLC, arrives to court in New York, US, on Thursday, Oct. 12, 2023. Ellison, ex-girlfriend of FTX co-founder Sam Bankman-Fried, outlined for a New York jury Wednesday how she worked with Sam Bankman-Fried to deceive lenders and customers to build his multi-billion dollar cryptocurrency empire, and their failed attempts to prevent a spectacular collapse. She pleaded guilty in December to two counts of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit commodities fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering. By 2021, she testified, Bankman-Fried had largely stopped coming into the Alameda office and had left more of the job to Ellison. Ellison also testified that Bankman-Fried had discussed adding a new co-CEO when Trabucco left, but she resisted.

Persons: Caroline Ellison, Ellison, FTX, Sam Bankman, Stephanie Keith, Mark Cohen, Lewis Kaplan, Cohen, Sam Trabucco, Alameda's, Trabucco, Fried, Ryan Salame, Ellison's Organizations: Alameda Research, New, Bloomberg, Getty, FTX Locations: New York, Manhattan, Alameda

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaroline Ellison details SBF's involvement in running Alameda Research: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Daniel Silva, former federal prosecutor and shareholder at Buchalter Law Firm, discusses the latest in the trial of Sam Bankman-Fried.

Persons: Caroline Ellison, explainers, Daniel Silva, Sam Bankman Organizations: Alameda Research, CNBC Crypto, CNBC, Buchalter Law Locations: Alameda

☆ Secret recording of Caroline Ellison meeting with Alameda staff exposed in SBF criminal trial
▼ + stars: | 2023-10-12 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Caroline Ellison, former chief executive officer of Alameda Research LLC, leaves Manhattan Federal Court after testifying during the trial of FTX CEO Sam Bankman-Fried, on October 10, 2023 in New York City. Rick Best, a trader who had joined Alameda just days earlier, was directly to Ellison's right and secretly recording the meeting as audio. "Alameda borrowed a bunch of money," which it used to make investments, Ellison said on the recording. At one point on the recording, Ellison giggled. "FTX basically always allowed Alameda to, like, borrow user funds, as far as I know" she said on the recording.

Persons: Caroline Ellison, Sam Bankman, Christian Drappi, Drappi, He's, Rick Best, Ellison, FTX, Ellison giggled, Um, Sam Organizations: Alameda Research, Bankman Locations: Manhattan, New York City, Hong Kong, Alameda, Bahamas, FTX, YOLO

REUTERS/Brendan McDermid Acquire Licensing RightsCompanies Champion Trust Llc FollowNEW YORK, Oct 12 (Reuters) - Sam Bankman-Fried's confidant Caroline Ellison will take the stand again at the FTX founder's trial on Thursday, where she could face questions about why she cooperated with prosecutors against her former boss and romantic partner. Bankman-Fried's attorney Mark Cohen is expected to continue cross-examining Ellison, whom he questioned for a few minutes on Wednesday before jurors went home for the day. FTX collapsed and declared bankruptcy in November 2022, shocking financial markets and destroying Bankman-Fried's reputation. A third cooperating witness, former FTX engineering chief Nishad Singh, is also expected to testify at the trial, which could last up to six weeks. Reporting by Jody Godoy in New York Editing by Noeleen Walder and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Caroline Ellison, Sam Bankman, Brendan McDermid, Ellison, Fried, Mark Cohen, FTX, Gary Wang, Nishad Singh, Jody Godoy, Noeleen Walder, Matthew Lewis Organizations: Alameda, Federal Court, REUTERS, Bankman, Alameda Research, Prosecutors, Stanford University, Manhattan U.S, Thomson Locations: New York City, U.S, Alameda, New York

☆ SBF Trial Live: Caroline Ellison’s Testimony Continues in FTX Case
▼ + stars: | 2023-10-12 | by ( ) www.wsj.com time to read: +1 min

Caroline Ellison is set to continue testimony for a third day in Sam Bankman-Fried's trial. To recap : Bankman-Fried is on trial facing several fraud charges for his role in the collapse of his crypto exchange. Ellison has pleaded guilty to several charges and is cooperating with the prosecution. Follow along as the Journal's reporters bring you live updates on Ellison's testimony from the witness stand. Stay informed on Sam Bankman-Fried and the collapse of FTX:Read more on Ellison's testimonyMeet the main players in the FTX trialCatch up on what's happened so far in the trialListen to our special FTX trial podcast: The Crypto Golden BoyRead how we got here and the charges facing Sam Bankman-Fried

Persons: Caroline Ellison, Sam Bankman, Ellison, Fried Locations: Alameda

In it, the Haitian-born filmmaker of “Lumumba,” “Sometimes in April” and some of the most thoughtful, prodding essay-film documentaries, chronicles the story of the Reels family in North Carolina. The land, known as Silver Dollar Road, has been in the family since the days of Reconstruction, when their ancestors were freed from slavery. In Peck’s hands, the film stays close to the Reels’ experience and to the land; images of vines that wrap the family tree seem to grow out of the forests of Silver Dollar Road. There’s no way you can recover.”Instead, any villain in “Silver Dollar Road” is faceless. To feel at home and to feel at ease, not to be afraid that there would be something that would aggress them.”Peck was in Toronto to premiere “Silver Dollar Road” at the Toronto International Film Festival.

Persons: Raoul Peck, Barry Jenkins beelined, James Baldwin, Peck, Oscar, " Jenkins, ”, Baldwin, “, Beale, ” Jenkins, “ Lumumba, Elijah, what's, Melvin Davis, ” Peck, it’s, I’ve, Lizzie Presser, Mamie, Ellison, Kim Renee Duhon, Duhon, “ We’ll, they’re, Jake Coyle Organizations: TORONTO, HBO, Toronto, Twitter Locations: Toronto, Haitian, ”, North Carolina, Adams, Carteret County, North America, Berlin

NEW YORK (AP) — Sam Bankman-Fried's lawyer struggled through a meandering cross-examination of the FTX founder's former girlfriend Thursday, keeping both the judge and the public guessing as to the defense team's strategy in countering the testimony of the government's key witness. Ellison was the CEO of Alameda when it and FTX collapsed in November of last year. Ellison, 28, pleaded guilty to fraud charges in December, when Bankman-Fried was extradited to the United States from the Bahamas. Bankman-Fried, 31, was the majority owner and CEO of FTX until the crypto exchange filed for bankruptcy on Nov. 11. “Maybe this is a good time for a break,” Cohen said after an hour of his cross-examination of Ellison.

Persons: Sam Bankman, Caroline Ellison, Fried, Ellison, FTX, Mark Cohen, Cohen, “, Judge Lewis A, Kaplan, ” Cohen, Palo, Judge Kaplan Organizations: Alameda Research Locations: Alameda, United States, Bahamas, Ellison, Palo Alto , California

☆ Sam Bankman-Fried’s lawyers prepare to question star witness
▼ + stars: | 2023-10-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

New York CNN —After two days of at-times emotional testimony from Caroline Ellison, a former top adviser to fallen crypto mogul Sam Bankman-Fried, defense lawyers were set to begin questioning her on the stand Thursday. Ellison, 28, told jurors this week that she and Bankman-Fried, whom she dated on and off, committed financial crimes for years. Former crypto hedge fund Alameda Research CEO Caroline Ellison arrives for Sam Bankman-Fried's trial at Federal Court in New York City, October 11, 2023. Sam acted in good faith in trying to build and run FTX and Alameda.”But “things were happening quickly, very quickly,” Cohen said. “Sam and others made hundreds of decisions a day … as a result, some things got overlooked.”This story is developing and will be updated.

Persons: Caroline Ellison, Sam Bankman, Ellison, Fried, Brendan McDermid, Mark Cohen, Sam didn’t, Sam, ” Cohen, “ Sam Organizations: New, New York CNN, Alameda Research, Alameda, Federal Court, Reuters Locations: New York, New York City, Alameda

☆ Sam Bankman-Fried Trial: Caroline Ellison’s Testimony Continues
▼ + stars: | 2023-10-12 | by ( ) www.wsj.com time to read: +1 min

Persons: Caroline Ellison, Sam Bankman, Ellison, Fried Locations: Alameda

☆ SBF Trial Updates: Caroline Ellison Concludes Her Testimony in the FTX Case
▼ + stars: | 2023-10-12 | by ( ) www.wsj.com time to read: +1 min

Trial Day 7: It's the second week of the fraud trial for Sam Bankman-Fried, or SBF for short, the founder of the failed cryptocurrency exchange FTX. Caroline Ellison, former CEO of Alameda and sometimes-girlfriend of Bankman-Fried, is testifying for a third day on the collapse of FTX. Ellison has pleaded guilty to several charges and is cooperating with the prosecution. Bankman-Fried has pleaded not guilty. Follow along as the Journal's reporters bring you live updates on Ellison's testimony from the witness stand.

Persons: Sam Bankman, Caroline Ellison, Fried, Ellison Locations: Alameda, FTX . Alameda

Sam Bankman-Fried laughed and shook his head during Caroline Ellison's testimony, prosecutor claims. The prosecutor asked Bankman-Fried's lawyer to tell his client to control his reactions. Ellison gave emotional testimony Wednesday and appeared to place the blame for FTX's collapse on SBF. AdvertisementAdvertisementCaroline Ellison's testimony provoked a series of reactions from her ex-boyfriend Sam Bankman-Fried on Wednesday, a prosecutor said during a sidebar conversation. Prosecutor Danielle Sassoon told the judge in Bankman-Fried's criminal trial that the FTX cofounder had "laughed, visibly shaken his head, and scoffed" while Ellison testified.

Persons: Sam Bankman, Fried, Caroline Ellison's, Bankman, Ellison, —, Danielle Sassoon, Judge Lewis Kaplan, Mark Cohen, " Sassoon, Cohen, Lewis, he'd, he's Organizations: Service, Alameda Research Locations: Bankman, Manhattan

☆ Sam Bankman-Fried trial: scenes from Caroline Ellison's time on the stand
▼ + stars: | 2023-10-12 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

Ellison wore a gray blazer and carried a Poland Spring water bottle to and from the witness stand. She did not look at Bankman-Fried in any of the instances when she passed him at the defense table. Bankman-Fried spent much of Ellison's testimony typing on a laptop or whispering to his defense lawyers. Three of the jurors appeared to close their eyes at times as Sassoon quizzed Ellison about spreadsheets showing Alameda's assets and liabilities. Reporting by Luc Cohen in New York; Editing by Noeleen Walder and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Caroline Ellison, Sam Bankman, Ellison, District Judge Lewis Kaplan's, Fried, Kaplan, Joseph Bankman, Barbara Fried, Danielle Sassoon, Sassoon quizzed Ellison, We'll, " Sassoon, Luc Cohen, Noeleen Walder, Matthew Lewis Organizations: Alameda, Federal Court, Reuters, Alameda Research, District, The Stanford University, Stanford Law, Thomson Locations: New York City, U.S, Alameda, New York

☆ EXCLUSIVE: Listen to 1-hour all-hands Alameda Research meeting where Caroline Ellison admitted the crypto firm took FTX customer money
▼ + stars: | 2023-10-12 | by ( Jacob Shamsian | Katie Balevic | ) www.businessinsider.com time to read: +6 min

Caroline Ellison held an all-hands meeting with Alameda employees where she admitted to taking FTX customer funds. The news sent shockwaves through the office of Alameda Research, the crypto trading firm also owned by Sam Bankman-Fried. AdvertisementAdvertisementAt the all-hands meeting, Ellison appeared "sunken, kind of slouching," and "did not display confident body language," Drappi said. At the meeting, Drappi asked Ellison whether she was aware that Alameda was taking customer money without their permission. Bankman-Fried's lawyers argued Thursday that Ellison's statements at the meeting went far beyond what Bankman-Fried intended to tell Alameda employees.

Persons: Caroline Ellison, Sam Bankman, —, Fried, Binance, Ellison, Christian Drappi, Drappi, Rick Best, — Ellison, Gary Wang, Nashad Singh, Wang, Singh, FTX Organizations: Alameda, Service, Alameda Research Locations: Alameda, Hong Kong, Japan, YOLO

☆ Sam Bankman-Fried trial continues: Day 3 of Caroline Ellison's testimony
▼ + stars: | 2023-10-12 | by ( Kate Rooney | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSam Bankman-Fried trial continues: Day 3 of Caroline Ellison's testimonyCNBC's Kate Rooney joins 'The Exchange' to discuss the latest progress from Sam Bankman-Fried's trial, the star witness that will be taking the stand, and Caroline Ellison's testimony about her relationship with Bankman-Fried.

Persons: Sam Bankman, Caroline Ellison's, CNBC's Kate Rooney

☆ Caroline Ellison Tells Jury She Dreaded Inevitable Collapse of FTX
▼ + stars: | 2023-10-11 | by ( James Fanelli | Vicky Ge Huang | ) www.wsj.com time to read: 1 min

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