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What did Alameda Research do with $40B in USDT?

Caroline Ellison testified about Alameda Research sending customer funds back to FTX as stablecoins, but it raises questions about Tether.

Sam Bankman-Fried’s defense team failed to crack Caroline Ellison

Defense lawyers representing Sam Bankman-Fried attempted and failed to discredit former girlfriend Caroline Ellison in court on Thursday.

Joseph Bankman was part of a group chat entered into evidence during Caroline Ellison’s testimony, which discussed fraud at FTX.

Alameda and Bankman-Fried tried to use the identities of prostitutes to open accounts to access their frozen assets, Caroline Ellison said.

Highly-anticipated testimony from Caroline Ellison detailed her ex Sam Bankman-Fried’s involvement in the FTX fraud.