Wednesday marks the second day of Former Alameda Research CEO Caroline Ellison’s testimony in court against her ex-boyfriend and FTX Co-Founder Sam Bankman-Fried. Axios Crypto Reporter Brady Dale highlights the biggest takeaways from Ellison’s statements in the fraud trial. “The prosecution showed copious documentation yesterday,” the journalist explains. “We had extremely detailed looks at these various spreadsheets that Caroline had made in 2021, where Sam… was making a decision, should I borrow another $3 billion from crypto lenders backstopped by FTX customer funds, and he asked Caroline to prepare spreadsheets, if various bad scenarios happen could they still repay them.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Putin and Iran very happy US military can’t support Ukraine and Israel the same time
Only ones mad at others grievances are those responsible.
The US, the country that has its military prepared and ready to fight two simultaneous wars cannot help with two conflicts….. keep dreaming boy! Also, Ukraine is being supported by the EU as well. Russia will soon be a long lost memory after the balkanization of the country.
Now the defense is gonna have to say Ellison lied. lol
That will not help SBF….
Kentucky fried bankman
Deep fried until cannot fry any more.
Nobody going to jail.
He is, no doubt for life, she should be too but will probably get off.
THE MAINSTREAM MEDIA PROTECTED THOSE CROOKS FOR A LONG PERIOD OF TIME. SHAME ON THEM 🗞️🤡👹
🕊🇺🇦 🇷🇺
Where is Tara MacAulay?
Why has she not been charged also?
Who is she?
@biski “Tara Mac Aulay, a fellow believer in Bankman-Fried’s ethos dubbed effective altruism, paired up with the crypto trading whiz to found the hedge fund in 2017. She was among the first to express doubts about him, according to Lewis’ new book, “Going Infinite: The Rise and Fall of a New Tycoon.”” – Google
Do you mean Tara Reid?
If you want to know about this trial, Tiffany Fong is attending every day and posts updates every night.
the video of Overpriced JPEGs is also very good.
That guy is definitely going to prison for a long time
What really surprises me is a justice system that allows these scumbag snitches to take the easy way out when the entire con is a serious collective act.
No. Criminal fraud is a felony even if you don’t don’t know your actions are or could be construed as crimes.
Civil fraud is … arguable. Or covered up, except when the company files BK. Hello Repo 105!
There are just too many evidences against SBF to make up any defence, I’m praying they have a mercy on his soul, after all it’s all a number on the computer ?? but he did take $ to buy lots of luxury expensive properties, that’s for SBF to explain his insatiable greed
Its not a number on a computer. How immature. He took real people’s money who are victims and blew it like it was a joke, they both deserve multiple life sentences.
Going to the big house. Who gets his bahamas house? Maybe had a few boats. He musta skipped that there ethics course..lol 😁
Why does she get a cooperation deal when they are all screwed? It’s like having video evidence of a murder and still giving the killer a plea deal. Screams of curription. She blew 65bn dollars, how that’s not life in prison I’ll never know.
In order to have a strong case against the alleged mastermind, the prosecution sometimes choses to cut a deal with at least one co-conspirator. That does not mean that she will just go scot-free. She might be indicted on lesser charges.
I dont understand how she is perched on the witness stand when she is 1000% guilty, just like him.
Evidently, her parents from MIT, haven’t teach their daughter neither ethics nor economics. Apparently ‘it was too complicated’ for Caroline Ellison to see all the red flags!