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, Ellison who is the former CEO of the crypto trading firm, told a judge when she pleaded guilty to her involvement in the implosion of the exchange.
Bankman-Fried faces a multitude of criminal accusations related to allegations that he stole billions of dollars from FTX customers in light of this revelation.
Ellison stated, based on a court filing, that she understood “it was wrong” and had full knowledge that Alameda had access to a loan account on FTX.com between 2019 and 2022.
OK – on #FTX / Alameda, here now the unsealed guilty plea transcript of Caroline Ellison – it was held
We współpracy z: https://bitcoinist.com/caroline-ellison-confesses-to-fraud/
