Former FTX Execs to Testify About Moving Customer Funds as SBF Fraud Trial Begins in New York
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Caroline Ellison, former CEO of Alameda Research, will testify this week about moving customer funds between FTX and Alameda.
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Former FTX executive Gary Wang testified that SBF allowed unlimited withdrawals from FTX by Alameda.
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SBF has pleaded not guilty to 7 counts of conspiracy and fraud related to FTX's collapse.
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Judge Lewis Kaplan is overseeing SBF's case, with the first week focusing on the disappearance of $8B in customer funds.
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Cointelegraph reporters are covering the SBF trial unfolding in New York.