Caroline Ellison is expected to take the stand in Sam Bankman-Fried criminal trial on Tuesday.
Caroline Ellison, the government's star witness in its criminal case against Sam Bankman-Fried — the disgraced former CEO of bankrupt crypto exchange FTX — is expected to take the stand on Tuesday.
Part of Ellison's plea deal with the government has involved cooperating with the prosecution's case against Bankman-Fried, similar to the arrangement struck with Gary Wang — the lesser-known co-founder of FTX and Alameda, whose cross-examination picks up at 9:30 a.m.Ellison offers a unique view of the defendant, having been one of the company's earliest recruits in 2017.
In Cohen's recounting of events, Bankman-Fried had urged his former deputy at Alameda to"put on a hedge," but"she didn't do so at the time." "Caroline sensed that, even as Sam promoted her to CEO of Alameda Research, he disapproved of her job performance — and she shared his opinion," Lewis wrote in his book.
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