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The Independent UK
The Independent UK
National
Larry Neumeister and Ken Sweet

Caroline Ellison says FTX founder Sam Bankman-Fried corrupted her values so she could lie and steal

Copyright 2023 The Associated Press. All rights reserved.

Sam Bankman-Fried ’s former top executive blamed the FTX founder on Wednesday of corrupting her values so she could lie and steal and create false balance sheets, things she told jurors at his New York City trial that she never imagined doing before joining his cryptocurrency empire.

Caroline Ellison, who eventually was made chief executive of Bankman-Fried's cryptocurrency hedge fund, Alameda Research, blamed the man she was entwined with romantically for several years since 2018 for creating justifications so that she could do things that she now admits were wrong and illegal.

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