Posted 10/11/2023, 10:44:00 PM
Ex-Alameda CEO Ellison Testifies Against SBF, Says FTX Culture Led Her to 'Lie and Steal'
- Caroline Ellison, ex-CEO of Alameda Research, testifies against Sam Bankman-Fried at fraud trial
- Ellison says working at FTX led her to "lie and steal" over time due to Bankman-Fried's philosophy
- Ellison changed Alameda balance sheets to hide $10 billion in customer funds borrowed
- FTX collapse in November was "worst week of her life" but also a "relief" from lying
- Ellison expected to be cross-examined by defense arguing Bankman-Fried not criminally responsible
