Highlights from Caroline Ellison's court hearing:
— Caroline's personal account at one point in time had a balance of more than $1 billion.
— As of mid-June 2022, $3 billion remained on the FTX exchange out of $13 billion in user deposits.
— $190 million was lost to Alameda as a result of phishing, farming, and storing keys in text files.
— In 2021, FTX lost $800 million on BTMX tokens — they were beaten by a large trader.
— In October 2022, Sam had a plan to sell several billion BTC at a price above $20,000 to buy cheaper.
— Sam tried to get money from the Crown Prince of Saudi Arabia by selling FTX shares.
— In the summer of 2022, FTX was in the process of acquiring BlockFi in order to move the funds of BlockFi customers to the FTX exchange.
- In front of the bench, Caroline wrote that she was seeing a lot of selling in FTT and asked if they should stop defending the $22 price - Sam replied that they should stop buying.
- Caroline believed that CZ was bluffing and would not have warned the market to sell FTT, but would have sold it.
