đš FTX Fraud Trial Update: Ex-lover to spill the beans! đ
Week 2 of Sam "SBF" Bankman-Fried's FTX fraud trial kicks off, and we're all ears for Caroline Ellison's testimony. đź Ellison, SBF's former flame and CEO of FTX-linked Alameda Research, is expected to reveal juicy details about customer funds movement between the two companies. đ”ïžââïž
Key points:
- Ellison admitted to using customer funds to repay creditors in a Nov 2022 meeting, allegedly approved by SBF. đž
- Both Ellison and former FTX exec Gary Wang pleaded guilty in Dec 2022 for their roles in the alleged fraud. đ±
- Wang testified that SBF allowed Alameda to withdraw unlimited funds. đ€Ż
Stay tuned for more drama and share your thoughts in the comments! đżđ