Sam Bankman-Fried's former girlfriend, Caroline Ellison, walks through security at Manhattan Federal Court on October 10, 2023, in New York. Photo: Bryan R. Smith / AFPSource: AFPThe star witness in the trial of Sam Bankman-Fried arrived at a New York federal court on Tuesday where she is expected to give damning evidence against the one time crypto wunderkind. Caroline Ellison, Bankman-Fried's former business partner and girlfriend, is expected to give key testimony that will describe how he committed fraud on a massive scale. Ellison was CEO at Alameda and has pleaded guilty to two counts of fraud charges and agreed to cooperate with the prosecution. While awaiting trial in August, Bankman-Fried was ordered out of house arrest and jailed after prosecutors alleged that the former FTX boss had leaked Ellison's diary entries to the New York Times.
Source: The Star October 10, 2023 14:46 UTC