{"id":3101,"date":"2023-10-13T00:00:00","date_gmt":"2023-10-13T00:00:00","guid":{"rendered":"https:\/\/www.techsparx.co.uk\/north\/uncategorized\/caroline-ellisons-testimony-against-sam-bankman-fried-five-key-takeaways\/"},"modified":"2025-02-28T14:42:16","modified_gmt":"2025-02-28T14:42:16","slug":"caroline-ellisons-testimony-against-sam-bankman-fried-five-key-takeaways","status":"publish","type":"post","link":"https:\/\/www.techsparx.co.uk\/north\/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>&rsquo;s <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&rsquo;s ex-girlfriend, described her work at <a href=\"https:\/\/www.theguardian.com\/business\/ftx\">FTX<\/a>&rsquo;s sister hedge fund &ndash; 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><\/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&rsquo;s 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","protected":false},"author":1,"featured_media":6484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Caroline Ellison\u2019s testimony against Sam Bankman-Fried: five key takeaways - Regional technology news - North - TechSparx - Business technology stories in the North<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techsparx.co.uk\/north\/caroline-ellisons-testimony-against-sam-bankman-fried-five-key-takeaways\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caroline Ellison\u2019s testimony against Sam Bankman-Fried: five key takeaways - Regional technology news - North - TechSparx - Business technology stories in the North\" \/>\n<meta property=\"og:description\" content=\"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&rsquo;s crypto fraud trial, Manhattan federal prosecutors called their star witness to the stand: former Alameda Research CEO Caroline Ellison. 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