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Bitcoinist

2022-12-26 15:26:33

Caroline Ellison, Bankman-Fried’s Girlfriend, Admits They Conspired To Defraud FTX Customers

Caroline Ellison, Bankman-Fried’s Girlfriend, Admits They Conspired To Defraud FTX Customers

According to court documents filed on Friday, Caroline Ellison, a longtime confidante of FTX’s former CEO Sam Bankman-Fried, has revealed that she and Bankman-Fried conspired to defraud the exchange’s investors, lenders, and consumers. In a report by Reuters, Bankman-Fried and other FTX executives received billions of dollars in clandestine loans from the crypto billionaire’s Alameda Research,

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