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Sam Bankman-Fried used prostitutes in bid to unfreeze funds, says Caroline Ellison

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

Caroline Ellison delivers the financial smut we’ve been waiting for

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

Former Alameda Research chief Caroline Ellison will provide what may be the most anticipated testimony in Sam Bankman-Fried’s trial.

The $500M investment in Anthropic is “immaterial” to the case, Bankman-Fried’s lawyers argued, even if it could make FTX customers whole.

Bombshell testimony from co-founder Gary Wang in court yesterday, who says Alameda used customer funds only months after inception.