The prosecution's star witness in the criminal fraud trial of FTX co-founder Sam Bankman-Fried said Alameda Research took “around $14 billion” from clients.
Caroline Ellison, former CEO of Alameda Research, pointed to former boss and ex-boyfriend Sam Bankman-Fried as the person who called the shots at defunct crypto exchange FTX as well as her related company.
The prosecution’s star witness, once one of Bankman-Fried’s closest deputies, is expected to continue testifying on Wednesday. Here are five takeaways from Tuesday’s testimony.
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