Sam Bankman-Fried approved use of customer funds, Caroline Ellison says in recording

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Sam Bankman-Fried approved use of customer funds, Caroline Ellison says in recording
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NEW YORK, Oct 13 — Jurors at Sam Bankman-Fried’s trial heard a recording yesterday of Caroline Ellison telling employees of his Alameda Research hedge fund that Bankman-Fried...

Najib signed RM22m cheques using illegal funds including for Umno, publicity and social media, cop tells High Court in 1MDB trialCaroline Ellison reacts while being questioned by Assistant U.S. Attorney Danielle Sassoon during Sam Bankman-Fried's fraud trial before U.S. District Judge Lewis Kaplan over the collapse of FTX, the bankrupt cryptocurrency exchange, at Federal Court in New York October 11, 2023 in this courtroom sketch.

Bankman-Fried has pleaded not guilty to two counts of fraud and five counts of conspiracy, and has said that while he made mistakes running FTX, he never intended to steal funds. That could undermine a defence argument that she tailored her testimony to implicate her boss and eventually win leniency for herself.

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