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Bankman-Fried Ordered Alameda, FTX To Misuse Funds, Former Executive, Girlfriend Testifies. Bitcoin Price Unfazed.

Court testimony on Tuesday from former Alameda Research CEO Caroline Ellison alleged that disgraced cryptocurrency mogul Sam Bankman-Fried directed her to commit crimes. Trial defendant Bankman-Fried, the founder and former CEO of FTX, faces several fraud charges for his role in the collapse of the exchange last year. The bitcoin price was little-changed Tuesday during the testimony.