Caroline Ellison News

Last week, the FTX court saga had elements of a TV drama, with Sam “SBF” Bankman-Fried’s former business associate and girlfriend, Caroline Ellison, sharing some shocking stories about SBF’s rule over the company. Ellison admitted to fraud during her time as CEO at Alameda under Bankman-Fried’s direction. However, she blamed the misuse of FTX user funds directly on SBF, claiming he “set up the systems” that led to Alameda taking roughly $14 billion from the exchange.

Former FTX engineering director Nishad Singh reportedly told a New York courtroom that former CEO Sam “SBF” Bankman-Fried had a habit of deciding on purchases through Alameda Research by himself.

crypto exchange FTX, on Monday said he had a lot of admiration and respect for FTX Co-founder and CEO Sam Bankman-Fried but over time, that «eroded». According to Singh, Bankman-Fried's frequent dipping into customers' funds was at times done «unilaterally» and was often «excessive.» Singh, who has already pleaded guilty, testified as the third week of Sam Bankman-Fried's criminal trial began in the US, according to CoinDesk. Singh testified that he learned two months before the crypto exchange blew up that it was improperly using customers' money. He said he knew around $8 billion of FTX customers' money had gone missing. «I had a lot of admiration and respect for him, but over time that eroded,» Singh said of Bankman-Fried, his friend from high school, CoinDesk reported. Singh said he «learned of a hole» in the company finances in September 2022. The hole was «enormous,» Singh said, adding that the funds were used by Alameda Research which is Bankman-Fried's affiliated trading firm «for a variety of venture investments, political donations, real estate purchases and other expenditures». «I had a lot of admiration and respect for him, but over time that eroded,» Singh told the court. The Bankman-Fried trial resumed with more prosecution witnesses. Like previous witnesses Alameda Research CEO Caroline Ellison and FTX Co-founder Gary Wang, Singh has also pleaded guilty to fraud and conspiracy counts. Last week, Wang told the court that FTX used hidden Python code to misrepresent the value of its insurance fund. FTX claimed in 2021 on Twitter that «the 5.25 million FTT (FTX tokens) we put in our insurance fund in 2019 now makes the fund worth over 100 million USD». However, former chief technology officer Wang

FTX co-founder Sam Bankman-Fried has asked a United States judge for long-release Adderall, saying he’s finding it hard to concentrate properly during his criminal trial.

Caroline Ellison wasn't doing a good job leading Alameda Research in 2022, and she did not hide it. Pieces of her personal notes shared as evidence by prosecutors on Sam Bankman-Fried's trial revealed details about the trading firm's struggles and its CEO's desire to resign weeks and months before the collapse of FTX.

New revelations from former Alameda Research CEO Caroline Ellison surfaced today regarding the crypto hedge fund's financial relationship with FTX prior to the exchange's collapse.

The ongoing trial of former FTX CEO Sam Bankman-Fried has uncovered a series of explosive revelations in the form of testimonies from former key FTX and Alameda Research executives. 

A 75-minute secretly recorded audio clip of Caroline Ellison has revealed the exact moment 15 former Alameda Research staff found out the hedge fund was “borrowing” user funds from FTX. 

According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng “CZ” Zhao contributed to the failure of cryptocurrency exchange FTX.

Sam Bankman-Fried’s defense lawyer has struggled through a meandering cross-examination of the FTX founder’s former girlfriend Thursday, keeping both the judge and the public guessing as to his strategy in countering the testimony of the government’s k...

In an X social media post on Wednesday, Jesse Powell, the co-founder of Kraken, criticized venture capital firms for their role in what he described as "obvious fraud" at FTX, led by Sam Bankman-Fried (SBF). 

Bitcoin (BTC) failed to hit $100,000 during the 2021 bull market because defunct exchange FTX kept selling BTC, analysis claims.

Evidence presented in court as a part of the ongoing criminal trial against Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX, reveals SBF believed Binance leaked an Alameda balance sheet to the media in 2022.

A New York bankruptcy judge has approved a settlement between bankrupt cryptocurrency firms FTX and Genesis Global Trading (GGC), allowing FTX-affiliated Alameda Research to get $175 million from GGC.

Caroline Ellison, the former romantic partner of embattled FTX founder Sam “SBF” Bankman-Fried and the former CEO of Alameda Research, has claimed in her courtroom testimony that SBF bribed Chinese officials for millions of dollars to unfreeze funds locked in local exchanges. 

Weeks and months before the collapse of crypto exchange FTX, former CEO Sam Bankman-Fried was “freaking out” about Alameda, buying shares in Snapchat, raising capital from Saudi royalty, and getting regulators to crack down on rival crypto exchange Binance. 

Sam Bankman-Fried's former top executive has blamed the FTX founder of corrupting her values so that she could lie and steal and create false balance sheets

Caroline Ellison, former Alameda Research CEO and ex-girlfriend of disgraced FTX founder Sam Bankman-Fried, stunned the jury today in Manhattan Federal Court when she revealed startling claims involving Alameda Research’s ties to international government officials.

Testifying on the sixth day of Sam “SBF” Bankman-Fried’s criminal trial in New York, former Alameda Research CEO Caroline Ellison admitted to providing fudged numbers for review by Genesis.

Former Alameda Research CEO Caroline Ellison claimed in court that Sam “SBF” Bankman-Fried attempted to raise equity for FTX by considering an investment from Saudi Crown Prince Mohammed bin Salman, or MBS.

By Jody Godoy and Luc Cohen