Caroline Ellison testified that ex-boyfriend Sam Bankman-Fried thought he had a 5% chance of one day becoming the president of the United States.
Caroline Ellison testified that ex-boyfriend Sam Bankman-Fried thought he had a 5% chance of one day becoming the president of the United Stateswho served as the former CEO of his hedge fund testified that the disgraced crypto mogul “directed” her to commit fraud, according to multiple reports.asked her to funnel money from his customers at now-defunct crypto exchange FTX into Alameda in order to pay back firms that Alameda Research had borrowed from, the outlet reports.
The two initially “started sleeping together on and off,” she said, which eventually led to a relationship that they kept secret. They broke up in summer 2021, and got back together by the fall of the same year, she testified, according to the outlet. She received a $20 million bonus that same year.Bankman-Fried, the founder of FTX, was arrested on Dec. 12 in Nassau, Bahamas, where the company was based.
US Attorney Damian Williams, who heads the federal prosecutors' office in Manhattan that charged Bankman-Fried, called the case "one of the biggest financial frauds in American history."," Williams told reporters in December."He used that money for his personal benefit, including to make personal investments and to cover expenses and debts of his hedge fund, Alameda Research.
Mass. Woman Who Lost Mom and Daughter in Murder-Suicide Dies in Crash: 'An Army of Angels Waiting For Her'
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam Bankman-Fried thought he had 5% chance of becoming president, ex-girlfriend saysDisgraced crypto executive Sam Bankman-Fried thought there was a '5% chance he would become president,' his ex-girlfriend testified Tuesday.
Read more »
Sam Bankman-Fried thought he had 5% chance of becoming president, ex-girlfriend saysDisgraced crypto executive Sam Bankman-Fried thought there was a '5% chance he would become president,' his ex-girlfriend testified Tuesday.
Read more »
Sam Bankman-Fried thought he had 5% chance of becoming president, ex-girlfriend saysDisgraced crypto executive Sam Bankman-Fried thought there was a '5% chance he would become president,' his ex-girlfriend testified Tuesday.
Read more »
Sam Bankman-Fried thought he had 5% chance of becoming president, ex-girlfriend saysDisgraced crypto executive Sam Bankman-Fried thought there was a '5% chance he would become president,' his ex-girlfriend testified Tuesday.
Read more »
Sam Bankman-Fried thought he had 5% chance of becoming president, ex-girlfriend saysDisgraced crypto executive Sam Bankman-Fried thought there was a '5% chance he would become president,' his ex-girlfriend testified Tuesday.
Read more »
Sam Bankman-Fried thought he had 5% chance of becoming president, ex-girlfriend saysDisgraced crypto executive Sam Bankman-Fried thought there was a '5% chance he would become president,' his ex-girlfriend testified Tuesday.
Read more »