FTX Exec Says Sam Bankman-Fried Corrupted Her Morals, Made Her Lie and Steal

Caroline Ellison, former top exec of FTX, testified Sam Bankman-Fried corrupted her morals so she would lie and steal.

Ellison got emotional describing FTX's collapse, saying she felt relief at not having to lie anymore.

Ellison said Bankman-Fried justified rule-breaking by saying the ends justify the means.

Ellison testified about using FTX customer funds for bribes and covering up $10B in losses.

Ellison expressed fear FTX would collapse if lenders learned the truth about missing funds.