
PANews reported on October 7 that according to CoinDesk, Caroline Ellison, former CEO of hedge fund Alameda Research, is likely to be the next witness to testify in the SBF trial. She will replace former FTX executive Gary Wang to testify in court. After the trial ended on Friday morning, the U.S. Department of Justice said that Gary Wang's testimony will end on Tuesday, and prosecutors expect the next witness to be Ellison. Like Gary Wang, Ellison also pleaded guilty to multiple fraud charges in December last year. The court will not be in session next Monday due to Columbus Day, and will resume at 9:30 a.m. Eastern Time on Tuesday.
