Former Alameda Research CEO Caroline Ellison became emotional on the witness stand on her second day of testimony Wednesday as she described the intense week leading up to Nov. 11, 2022, when cryptocurrency exchange FTX and Alameda, a crypto hedge fund, each declared bankruptcy.
Ellison was testifying as a cooperating witness in the trial of her former boyfriend, FTX CEO Sam Bankman-Fried, who founded Alameda and FTX.
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Related Stories
- 'He Was the One Who Directed Us': Caroline Ellison Takes Stand in Sam Bankman-Fried Trial
- Prosecutors Ask Judge to Limit Bankman-Fried's Public Statements After Leak of Caroline Ellison's Diary
- Ellison, Wang Cooperation 'Bodes Very Badly' for FTX Founder Sam Bankman-Fried, White-Collar Attorneys Say
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