According to BlockBeats, on October 28, Bloomberg reported that SBF testified in court this Friday that he had asked Caroline Ellison, former CEO of Alameda, to hedge Alameda's position when the cryptocurrency market deteriorated in 2022, but she did not follow his advice. SBF also stated that he could not give her the time and attention she needed in their relationship. Currently, SBF's testimony is contrary to Caroline Ellison's. Caroline previously stated in court that SBF, the CEO and owner of Alameda, instructed her to commit these crimes. Although SBF publicly distanced himself from Alameda and claimed that he did not manage the company, Caroline said that SBF guided her in handling important business decisions such as Alameda's holdings of FTT tokens and its venture capital.

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