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Podcast: Sam Bankman-Fried - Biography Flash
Episode: Sam Bankman Fried Trial update for 10-10-2023 - Ellison takes stand
Description: This is the Sam Bankman Freed Podcast.On Tuesday, October 10, Caroline Ellison, the former CEO of Alameda Research and Sam Bankman-Freed's ex-girlfriend, testified against him in court. Ellison pleaded guilty to fraud charges in December 2022 and is now cooperating with the prosecution.In her testimony, Ellison said that Bankman-Freed directed her to engage in fraudulent activities, such as manipulating the price of FTX's native token, FTT. She also said that he knew that Alameda Research was borrowing money from FTX customer funds, even though he told customers that their funds were safe.Ellison's testimony is a major...