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Top related persons:
Caroline Ellison - 2 Sam Bankman - 2 Ellison - 2 Christian Drappi - 2 Drappi - 2 Rick Best - 2 FTX - 2 — - 1
Top related locs:
Alameda Hong Kong YOLO Japan Manhattan New York City Bahamas FTX
Top related orgs:
Alameda Research - 2 Alameda - 1 Service - 1 Bankman - 1

Search resuls for: "Rick Best"


2 mentions found


☆ 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
☆ 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
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