Ellison says SBF thought he could become president of U.S. someday
NEW YORK — The trial of FTX founder Sam Bankman-Fried took a star turn Tuesday as his former fellow top executive, Caroline Ellison, testified against him, saying he directed her to commit crimes before his cryptocurrency empire collapsed last November and revealing that her former boss and boyfriend thought he might be U.S. president someday.
Repeatedly, Ellison made clear that Bankman-Fried was behind the biggest financial moves in his companies, to the point that bitcoins he created were sometimes called “Sam’s coins.” Bankman-Fried could face decades in prison if he is convicted of charges lodged against him when he was brought to the United States from the Bahamas last December. He has pleaded not guilty.
As Ellison testified, several of her friends or online fans were in attendance at the courthouse. In an overflow courtroom where spectators could watch proceedings on a television monitor, some of them, smiles on their faces, rushed toward a screen to see her up close.
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