Caroline Ellison, former CEO of Alameda Analysis, testified that she dedicated fraud on the path of her ex-boyfriend and former colleague, FTX alternate founder Sam Bankman-Fried. Ellison, 28, is the federal government’s extremely anticipated star witness within the six-week trial of Bankman-Fried. She was the CEO of Alameda Analysis, the hedge fund prosecutors say stole billions of {dollars} from clients of its sister firm, the cryptocurrency alternate FTX. (Learn the federal government’s indictment right here.) Prosecutors started their questioning of Ellison by asking her if she dedicated crimes and in that case, who she dedicated them with.
