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The Guardian - US
The Guardian - US
Business
Victoria Bekiempis, Nick Robins-Early and Blake Montgomery

Sam Bankman-Fried trial: ex-girlfriend says he directed her to commit crimes

Caroline Ellison, the former CEO of Alameda Research founded by Sam Bankman-Fried, exits the Manhattan federal court after testifying on Tuesday.
Caroline Ellison, the former CEO of Alameda Research founded by Sam Bankman-Fried, exits the Manhattan federal court after testifying on Tuesday. Photograph: Eduardo Muñoz/AP

On the fifth day of Sam Bankman-Fried’s fraud trial, the prosecution’s star witness named the FTX founder as the ringleader of an alleged $10bn fraud scheme at the cryptocurrency exchange and its associated hedge fund.

“While you were working at Alameda, did you commit any crimes?” a prosecutor asked Caroline Ellison.

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